Dorian LPG Ltd. (NYSE:LPG) LPG shipping firm, is reporting first quarter earnings results on Tuesday 4th August 2020, before market open.
The consensus estimates from Thomson Reuters are income of $ 0.49 per share.
For the full year, analysts predict revenues of $ 258.95 million, while looking forward to income of $ 1.08 per share.
Previous Quarter Performance
Dorian LPG Ltd. unveiled income for the fourth quarter of $ 0.81 per share, from the revenue of $ 95.20 million. The quarterly revenues surged 176.18 percent compared with the same quarter last year. Wall street analysts are predicting, LPG to report 4Q20 income of $ 0.62 per share from revenue of $ 84.83 million. The bottom line results beat street analysts by $ 0.19 or 30.65 percent, at the same time, top line results outshined analysts by $ 10.37 million or 12.22 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of LPG was $ 8.95, representing a 47.20 % increase from the 52 week low of $ 6.08 and a 46.34 % decrease over the 52 week high of $ 16.68.
The company has a market capital of $ 454.91 million and is part of the Industrials sector and Shipping & Ports industry.
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Conference Call
Dorian LPG Ltd. will be hosting a conference call at 10:00 AM eastern time on 4th August 2020, to discuss its 1Q21 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.