Navigator Holdings Ltd. (NVGS) Tops Q3 EPS by 4c

November 7, 2016 4:45 PM EST
Get Alerts NVGS Hot Sheet
Trade NVGS Now!
Join SI Premium – FREE

Find out which companies are about to raise their dividend well before the news hits the Street with StreetInsider.com's Dividend Insider Elite. Sign-up for a FREE trial here.

Navigator Holdings Ltd. (NYSE: NVGS) reported Q3 EPS of $0.12, $0.04 better than the analyst estimate of $0.08. Revenue for the quarter came in at $69.7 million versus the consensus estimate of $59.82 million.

  • On October 31, 2016, the Company entered into a new $220.0 million Facility Agreement to , among other things, refinance two existing facilities that mature in April 2017 and provide delivery financing of up to 70% for our newbuilding, Navigator Jorf.
  • The Company has benefited from increasing demand for the transportation of petrochemicals gases, with the proportion of our total revenue from long-haul trade increasing from 20% in the first quarter to approximately 45% in the third quarter 2016.

For earnings history and earnings-related data on Navigator Holdings Ltd. (NVGS) click here.



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In






Related Categories

Earnings

Related Entities

Earnings

Add Your Comment