The highly anticipated financial results for the second quarter of Dynagas LNG Partners (NYSE: DLNG) are scheduled to be disclosed on Tuesday 10th September 2024. This important update will be made available before market open, providing investors and market participants with key information regarding the company's financial status.
Wall Street financial analysts are foreseeing that the organization is likely to announce an estimated per share $0.28 profit for the quarter. Furthermore, it is anticipated that the company will disclose a total revenue of $37.91 million during the quarter.
The projections from Wall Street analysts indicate that the company is expected to generate a total revenue of $152.64 million for the full year. Moreover, they anticipate the earnings per share to reach profit of $1.1 during the fiscal year.
The earnings report for the corresponding quarter of the prior year unveiled a per-share income of $0.08. This was a direct result of the company's total revenue, which amounted to an impressive $37.65 million during that specific period.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Q1 2024 | $0.25 | +150.0% | 38.06 M | +2.1% |
| Q4 2023 | $0.20 | +81.8% | 36.95 M | +5.4% |
| Q3 2023 | $0.01 | -75.0% | 37.01 M | +23.7% |
| Q2 2023 | $0.08 | -52.9% | 37.65 M | +12.7% |
*Growth on year-over-year basis
DLNG has scheduled a conference call on 10th September 2024 at 10:00 AM eastern time to discuss the second quarter financial results and other related information.
During Monday's trading, Dynagas LNG Partners (DLNG) shares reached a low of $3.62 and a high of $3.75, along with a total volume of 26.90 thousand shares. The stock ended the regular trading session at $3.73, reflecting an increase of 0.81 percent.