Navigator Holdings Ltd. (NYSE: NVGS) reported Q2 EPS of $0.04, $0.02 better than the analyst estimate of $0.02. Revenue for the quarter came in at $73.2 million versus the consensus estimate of $62.32 million.

• Navigator Holdings Ltd. (the "Company") reported operating revenue of $73.2 million for the three months ended June 30, 2018.
• Net loss was $3.2 million (resulting in a loss per share of $0.06) for the three months ended June 30, 2018.
• EBITDA1 was $27.2 million for the three months ended June 30, 2018.
• Net cash provided by operating activities was $21.0 million for the three months ended June 30, 2018.
• During the quarter the Company announced that construction is now under way on the 50/50 joint venture to construct an ethylene marine export terminal, which will be located at Morgan\'s Point, Texas on the Houston Ship Channel. The facility will have the capacity to export approximately one million tons of ethylene per year. Refrigerated storage for 30,000 tons of ethylene will be constructed on-site and will provide the capability to load ethylene at rates of 1,000 tons per hour. Commercial operations are expected to begin in the fourth quarter of 2019, one quarter earlier than previously projected.
• Maintained strong fleet utilization of 90.3% for the three months ended June 30, 2018, up from the 86.2% achieved during the second quarter of 2017.

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