Navigator Holdings Ltd reports results for the quarter ended in March - Earnings Summary

Navigator Holdings

15/05/2024 22:39

* Navigator Holdings Ltd  NVGS.N  reported quarterly
adjusted
earnings of 31 cents​​ per share for the quarter ended in March,
higher than the same quarter last year, when the company
reported EPS of 25 cents.  The mean expectation of
three analysts for the quarter was for earnings of 32 cents per
share. Wall Street expected results to range from 29 cents to 33
cents per share.
    * Revenue fell 1.4% to $134.16 million from a year ago;
analysts
expected $146.51 million. 
    * Navigator Holdings Ltd's reported EPS for the quarter was
31
cents​.
    * The company reported quarterly net income of $22.57
million.
    * Navigator Holdings Ltd shares had risen by 7.6% this
quarter and
gained 13.5% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 1.6%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

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

Wall Street's median 12-month price target for Navigator
Holdings Ltd is $19.50 
This summary was machine generated from LSEG data May 15 at
09:39 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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2024      0.32           0.31           Missed
 Dec. 31 2023      0.30           0.24           Missed
 Sep. 30 2023      0.27           0.26           Missed
 Jun. 30 2023      0.25           0.36           Beat