Dorian LPG Ltd reports results for the quarter ended December 31 - Earnings Summary

• Dorian LPG Ltd LPG.N reported quarterly adjusted earnings of 43 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of $2.62. The mean expectation of four analysts for the quarter was for earnings of 73 cents per share. Wall Street expected results to range from 56 cents to 99 cents per share.

• Revenue fell 50.5% to $80.67 million from a year ago; analysts expected $91.40 million.

• Dorian LPG Ltd's reported EPS for the quarter was 50 cents​.

• The company reported quarterly net income of $21.36 million.

• Dorian LPG Ltd shares had risen by 4.1% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 49.7% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "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 $39.20

This summary was machine generated from LSEG data January 31 at 02:31 p.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)