Dynagas LNG Partners (DLNG) Misses Q4 EPS by 3c
Dynagas LNG Partners (NYSE: DLNG) reported Q4 EPS of $0.16, $0.03 worse than the analyst estimate of $0.19.
Highlights:
- Net income during the three months and year ended December 31, 2017 of $5.6 million and $17.3 million, respectively;
- Earnings per common unit for the three months and year ended December 31, 2017 of $0.11 and $0.27, respectively;
- Adjusted Net Income(1) for the three months and year ended December 31, 2017 of $7.6 million and $33.7 million, respectively;
- Adjusted Earnings per common unit (1) (2) for the three months and year ended December 31, 2017 of $0.16 and $0.74, respectively;
- Distributable Cash Flow(1) during the three months and year ended December 31, 2017 of $11.8 million and $49.9 million, respectively;
- Adjusted EBITDA(1) for the three months and year ended December 31, 2017 of $26.9 million and $107.5 million, respectively;
- Reported cash of $67.5 million and available liquidity of $97.5 million each as of December 31, 2017;
- Quarterly cash distribution of $0.4225 per common unit in respect of the fourth quarter of 2017 and $0.5625 per preferred unit in respect of the most recent period.
For earnings history and earnings-related data on Dynagas LNG Partners (DLNG) click here.
