Form 6-K Hoegh LNG Partners LP For: May 31

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Go back to Form 6-K Hoegh LNG Partners LP For: May 31

Hoegh LNG Partners (HMLP) Misses Q1 EPS Views

May 31, 2016 6:52 AM EDT

Hoegh LNG Partners (NYSE: HMLP) reported Q1 EPS of ($0.04), $0.49 worse than the analyst estimate of $0.45. Revenue for the quarter came in at $21.7 million versus the consensus estimate of $23.52 million.

Excluding all unrealized gains (losses) on derivative instruments, net income for the three months ended March 31, 2016 was $7.6 million, an increase of $1.2 million or 18.8% from $6.4 million for the three months ended March 31, 2015. Excluding the unrealized gains (losses) on derivative instruments, the increase is primarily due to the inclusion of the results of the Höegh Gallant which is partially offset by the reduction of... More