Dorian LPG Ltd reports results for the quarter ended in September 30 - Earnings Summary
Dorian LPG Ltd LPG.N reported quarterly adjusted earnings of 35 cents per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of $1.85. The mean expectation of four analysts for the quarter was for earnings of 56 cents per share. Wall Street expected results to range from 35 cents to $1.01 per share.
Revenue fell 43% to $82.43 million from a year ago; analysts expected $85.62 million.
Dorian LPG Ltd's reported EPS for the quarter was 22 cents.
The company reported quarterly net income of $9.43 million.
Dorian LPG Ltd shares had fallen by 14.1% this quarter and lost 27.1% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 31.1% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."
The average consensus recommendation for the oil & gas transportation services peer group is also "buy"
Wall Street's median 12-month price target for Dorian LPG Ltd is $45.05
This summary was machine generated from LSEG data November 1 at 03:08 a.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Sep. 30 2024 | 0.56 | 0.35 | Missed |
Jun. 30 2024 | 0.98 | 1.26 | Beat |
Mar. 31 2024 | 1.83 | 1.91 | Beat |
Dec. 31 2023 | 2.03 | 2.62 | Beat |
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