DHT Holdings Inc reports results for the quarter ended December 31 - Earnings Summary

• DHT Holdings Inc DHT.N reported quarterly adjusted earnings of 34 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 22 cents. The mean expectation of nine analysts for the quarter was for earnings of 19 cents per share. Wall Street expected results to range from 16 cents to 27 cents per share.

• Revenue fell 9.5% to $85.54 million from a year ago; analysts expected $90.58 million.

• DHT Holdings Inc's reported EPS for the quarter was 34 cents​.

• The company reported quarterly net income of $54.94 million.

• DHT Holdings Inc shares had risen by 27.6% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 39.7% in the last three months.​

• In the last 30 days, five analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "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 DHT Holdings Inc is $13.50

This summary was machine generated from LSEG data February 6 at 04:17 a.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)