What to Expect from Capital Clean Energy's Earnings

Capital Clean Energy (NASDAQ:CCEC) will release its quarterly earnings report on Friday, 2024-11-08. Here's a brief overview for investors ahead of the announcement.

Analysts anticipate Capital Clean Energy to report an earnings per share (EPS) of $0.48.

Anticipation surrounds Capital Clean Energy's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.

New investors should understand that while earnings performance is important, market reactions are often driven by guidance.

Historical Earnings Performance

In the previous earnings release, the company beat EPS by $0.16, leading to a 0.0% drop in the share price the following trading session.

Here's a look at Capital Clean Energy's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

0.18

0.36

0.63

0.74

EPS Actual

0.34

0.32

0.61

0.84

Price Change %

-2.0%

0.0%

3.0%

1.0%

Capital Clean Energy Share Price Analysis

Shares of Capital Clean Energy were trading at $18.84 as of November 06. Over the last 52-week period, shares are up 43.33%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

Analysts' Take on Capital Clean Energy

For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on Capital Clean Energy.

A total of 1 analyst ratings have been received for Capital Clean Energy, with the consensus ...