Capital Clean Energy Carriers Corp. (CCEC) shares ended the last trading session 7.1% higher at $19.75. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 6.9% loss over the past four weeks. Shares of CCEC, which will release first-quarter 2025 results on May 8, gained due to signs of the tariff-related tensions easing. The shipping industry is responsible for transporting goods involved in world trade. The slowdown in trade due to tariff woes may disrupt trade routes, bringing down goods transportation, and, in turn, hurting industry players like CCEC. So positive updates on the tariff front are very welcome for CCEC.. This company is expected to post quarterly earnings of $0.36 per share in its upcoming report, which represents a year-over-year change of +12.5%. Revenues are expected to be $105.81 million, up 5.1% from the year-ago quarter. Earnings and revenue growth expectations certainly give a good sense of the potential strength in a stock, but empirical research shows that trends in earnings estimate revisions are strongly correlated with near-term stock price movements. For Capital Clean Energy Carriers Corp., the consensus EPS estimate for the quarter has been revised 8.6% lower over the last 30 days to the current level. And a negative trend in earnings estimate revisions doesn't usually translate into price appreciation. So, make sure to keep an eye on CCEC going forward to see if this recent jump can turn into more strength down the road. The stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> Capital Clean Energy Carriers Corp. is part of the Zacks Transportation - Shipping industry. DHT Holdings (DHT), another stock in the same industry, closed the last trading session 1.9% higher at $10.91. DHT has returned 7.1% in the past month. For DHT Holdings , the consensus EPS estimate for the upcoming report has changed -12.8% over the past month to $0.15. This represents a change of -48.3% from what the company reported a year ago. DHT Holdings currently has a Zacks Rank of #4 (Sell). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Capital Clean Energy Carriers Corp. (CCEC):Free Stock Analysis Report DHT Holdings, Inc. (DHT):Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research
Capital Clean Energy Carriers Corp. (CCEC) Soars 7.1%: Is Further Upside Left in the Stock?
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