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Capital Clean Energy Carriers (CCEC)
NASDAQ:CCEC
RESEARCH TOOLSreports
Earnings Data
Report Date
Jul 25, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.61Last Year’s EPS
0.62Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 08, 2025
|% Change Since: 16.13%
|Next Earnings Date:Jul 25, 2025
Earnings Call Sentiment|Positive
The earnings call presented a strong financial performance for the quarter with significant net income and successful capital reallocations, which were highlighted by the increase in charter backlog and cash position. However, challenges in the LNG market, such as spot rate volatility and increased idling of vessels, present notable concerns. Overall, the highlights outweigh the lowlights, indicating a generally positive sentiment.Company Guidance
During the Capital Clean Energy Carriers Corp. Q1 2025 earnings call, the company provided several key metrics and insights into their financial and operational status. The net income from operations for the quarter was reported at just under $81 million, bolstered by a $46.2 million gain from the sale of two container vessels. The company has raised a total of $472.2 million in net proceeds from the sale of 12 container vessels since December 2023, and has reinvested this capital into gas transportation assets. Significant developments include securing employment for two new LNG carriers for five and seven years, with additional five-year options, contributing to a firm charter backlog of $3.1 billion. The company's cash position was strong at $420 million, with money markets expecting interest rate cuts by the Fed in 2025, which could benefit the company given that 80% of their funding is on floating rates. The average charter duration across the fleet is now 7.3 years, with a charter backlog of 91 years or $2.8 billion in contracted revenue for the LNG fleet. The company is also focused on managing a newbuilding CapEx program of $2.3 billion, with $467 million already paid in advances by the quarter's end.Significant Net Income Increase
Net income from operations for Q1 2025 amounted to just under $81 million, including a $46.2 million gain from the sale of two container vessels.
Successful Vessel Sales and Capital Reallocation
Raised a total of $472.2 million in net proceeds from the sale of 12 container vessels since December 2023, reallocating capital into gas transportation assets.
Strong Charter Backlog
Increased firm charter backlog to $3.1 billion, with new employment secured for two LNG carriers for five and seven years, respectively, both with an additional five-year option.
Record Cash Position
Cash position increased to $420 million, supported by the completion of container sales.
Strong Contracted Revenue Base
Total contracted backlog, including container vessels, boosted to $3.1 billion or $4.5 billion if all options are exercised.
New LNG Charters Secured
Secured medium-term charters for two LNG carriers with a new high-quality customer, reflecting strong demand for modern tonnage.
CCEC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
CCEC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 08, 2025 | $19.96 | $19.90 | -0.30% |
Feb 06, 2025 | $18.85 | $18.87 | +0.11% |
Nov 08, 2024 | $18.12 | $18.22 | +0.55% |
Aug 02, 2024 | $15.85 | $15.49 | -2.27% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Capital Clean Energy Carriers (CCEC) report earnings?
Capital Clean Energy Carriers (CCEC) is schdueled to report earning on Jul 25, 2025, TBA Not Confirmed.
What is Capital Clean Energy Carriers (CCEC) earnings time?
Capital Clean Energy Carriers (CCEC) earnings time is at Jul 25, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CCEC EPS forecast?
CCEC EPS forecast for the fiscal quarter 2025 (Q2) is 0.61.