DHT Holdings, Inc. (NYSE:DHT) is reporting third quarter financial results on Monday 9th November 2020, after market close.
According to analysts surveyed by Thomson Reuters, DHT is expected to report 3Q20 income of $ 0.28 per share from revenue of $ 108.99 million.
For the full year, analysts anticipate top line of $ 550.25 million, while looking forward to income of $ 1.81 per share bottom line.
The Company Outlook
Revenue for 3Q20 are expected in a range of $ 92.70 million ~ $ 92.70 million
Click Here For More Historical Outlooks Of DHT Holdings, Inc.
Previous Quarter Performance
DHT Holdings, Inc. unveiled income for the second quarter of $ 0.81 per share, from the revenue of $ 202.72 million. The quarterly revenues gained 245.64 percent compared with the same quarter last year. The consensus estimates are income of $ 0.82 per share from $ 194.17 million in revenue. The bottom line results missed street analysts by $ 0.01 or 1.22 percent, at the same time, top line results outshined analysts by $ 8.55 million or 4.40 percent.
Stock Performance
On Friday, shares of DHT Holdings, Inc. has traded high as $ 5.15 and has cracked $ 4.96 on the downward trend, reaching $ 5.00 with volume of 1.33 million shares.
According to the previous trading day, closing price of $ 5.00, representing a 11.28 % increase from the 52 week low of $ 4.52 and a 43.04 % decrease over the 52 week high of $ 8.83.
The company has a market capital of $ 853.99 million and is part of the Industrials sector and Shipping & Ports industry.
Recent Stock Dividend Announcement
On August 10, 2020, the board of directors authorized quarterly dividend of $ 0.48 per share to holders of record as of the close of business on August 26, 2020, with payment date of September 2, 2020 and ex-dividend date on August 25, 2020.
DHT Holdings, Inc., through its subsidiaries, owns and operates crude oil tankers primarily in Oslo, Norway and Singapore. As of March 18, 2019, it had a fleet of 27 very large crude carriers with a capacity of 8,360,850 deadweight tons. The company was founded in 2005 and is headquartered in Hamilton, Bermuda.
