Dynagas LNG Partners LP Reports Results for the Three and Six Months Ended June 30, 2018

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Dynagas LNG Partners (DLNG) Tops Q2 EPS by 7c, Revenues Miss

July 27, 2018 7:34 AM EDT

Dynagas LNG Partners (NYSE: DLNG) reported Q2 EPS of $0.08, $0.07 better than the analyst estimate of $0.01. Revenue for the quarter came in at $30.89 million versus the consensus estimate of $31.87 million.

Highlights:

Net income of $0.4 million for the three months ended June 30, 2018. Included in the second quarter 2018 results are $2.2 million of scheduled class survey and dry dock costs related to the Arctic Aurora, one of the three tri-fuel diesel engine (TFDE) vessels in our fleet;Loss per common unit of $0.04 for the three months ended June 30, 2018;Adjusted Net Income(1) of $4.5 million for... More