Dorian LPG Ltd. (NYSE:LPG) LPG shipping firm, is reporting second quarter earnings results on Monday 2nd November 2020, before market open.
The consensus estimates from Thomson Reuters are income of $ 0.12 per share from $ 54.75 million in revenue.
For the full year, analysts predict revenues of $ 253.02 million, while looking forward to income of $ 1.07 per share.
Previous Quarter Performance
Dorian LPG Ltd. unveiled income for the first quarter of $ 0.25 per share, from the revenue of $ 73.17 million. The quarterly earnings 13.64 percent while revenues improved 26.66 percent compared with the same quarter last year.
Street analysts expected Dorian LPG Ltd. to report income of $ 0.49 per share on revenue of $ 77.95 million for the first quarter. The bottom line results missed street analysts by $ 0.24 or 48.98 percent, at the same time, top line results fell short of analysts by $ 4.78 million or 6.13 percent.
Stock Performance
On Friday, shares of Dorian LPG Ltd. has traded high as $ 8.48 and has cracked $ 7.98 on the downward trend, reaching $ 8.20 with volume of 472.00 thousand shares.
According to the previous trading day, closing price of $ 8.20, representing a 38.82 % increase from the 52 week low of $ 6.08 and a 49.4 % decrease over the 52 week high of $ 16.68.
The company has a market capital of $ 418.38 million and is part of the Industrials sector and Shipping & Ports industry.
Conference Call
Dorian LPG Ltd. will be hosting a conference call at 10:00 AM eastern time on 2nd November 2020, to discuss its 2Q21 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.dorianlpg.com
Dorian LPG Ltd., together with its subsidiaries, engages in the transportation of liquefied petroleum gas (LPG) through its LPG tankers worldwide. It owns and operates very large gas carriers (VLGCs). As of March 31, 2019, its fleet consisted of 22 VLGCs with carrying capacity of approximately 1.8 million cubic meters; and a time chartered-in VLGC.
