Capital Clean Energy Carriers Shares Surge Amid Tariff Easing
Capital Clean Energy Carriers Corp. (CCEC) shares closed the last trading session up 7.1%, reaching $19.75. This increase occurred on substantial trading volume, with a greater-than-average number of shares exchanging hands. In comparison, the stock had experienced a 6.9% decline in the previous four weeks.
Upcoming Earnings and Positive Market Sentiment
CCEC is set to announce its first-quarter 2025 results on May 8. The stock’s recent boost is attributed to signs that tariff-related tensions may be easing. The shipping industry plays a critical role in global trade. Disruptions due to trade wars can hinder transportation routes, negatively affecting companies like CCEC. Consequently, positive updates on tariffs are particularly beneficial for the company.
Quarterly Earnings Expectations
Analysts anticipate that CCEC will report quarterly earnings of $0.36 per share, reflecting a year-over-year increase of 12.5%. Projected revenues are expected to reach $105.81 million, up 5.1% from the same quarter last year. While these earnings and revenue growth expectations suggest potential strength in the stock, trends in earnings estimate revisions are closely linked to short-term stock price movements.
Earnings Estimate Trends
For CCEC, the consensus EPS estimate has been revised downward by 8.6% over the last 30 days, indicating potential headwinds. A downward trend in earnings estimates generally does not lead to stock price appreciation. Investors should closely monitor CCEC to see if this recent jump can gain further momentum in the future.
Industry Context and Competitor Analysis
Currently, the stock holds a Zacks Rank of #3 (Hold). CCEC operates within the Zacks Transportation – Shipping industry, where other players, such as DHT Holdings (DHT), also compete. DHT shares increased 1.9% to $10.91 in the last trading session, showing a 7.1% gain over the past month.
DHT Holdings’ consensus EPS estimate has dropped by 12.8% to $0.15 over the past month, reflecting a 48.3% decrease compared to the previous year. DHT currently holds a Zacks Rank of #4 (Sell).
