Dorian LPG Ltd reports results for the quarter ended in September - Earnings Summary

Dorian LPG

02/11/2023 13:32

* Dorian LPG Ltd  LPG.N  reported quarterly adjusted
earnings of
$1.85​​ per share for the quarter ended in September, higher
than the same quarter last year, when the company reported EPS
of 43 cents.  The mean expectation of five analysts for the
quarter was for earnings of $1.48 per share. Wall Street
expected results to range from 55 cents to $2.52 per share.
    * Revenue rose 90.5% to $144.70 million from a year ago;
analysts
expected $143.02 million. 
    * Dorian LPG Ltd's reported EPS for the quarter was $1.89​.
    * The company reported quarterly net income of $76.51
million.
    * Dorian LPG Ltd shares had risen by 25.0% this quarter and
gained 115.1% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 15.6%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the oil & gas
transportation services peer group is also "hold"

Wall Street's median 12-month price target for Dorian LPG Ltd is
$33.00 
This summary was machine generated from LSEG data November 2 at
01:31 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      1.48           1.85           Beat
 Jun. 30 2023      1.63           1.21           Missed
 Mar. 31 2023      1.34           1.94           Beat
 Dec. 31 2022      0.95           1.29           Beat