Dorian LPG Ltd. Announces Fourth Quarter and Full Fiscal Year 2020 Financial Results

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Go back to Dorian LPG Ltd. Announces Fourth Quarter and Full Fiscal Year 2020 Financial Results

Dorian LPG (LPG) Tops Q4 EPS by 19c, Revenues Beat

May 27, 2020 6:07 AM EDT

Dorian LPG (NYSE: LPG) reported Q4 EPS of $0.81, $0.19 better than the analyst estimate of $0.62. Revenue for the quarter came in at $95.2 million versus the consensus estimate of $84.83 million.

Highlights for the Fourth Quarter Ended March 31, 2020

Revenues of $95.2 million.Daily Time Charter Equivalent ("TCE")(1) rate for our fleet of $51,888.Net income of $29.4 million, or $0.56 earnings per diluted share ("EPS"), and adjusted net income(1) of $42.3 million, or $0.81 adjusted diluted loss per share ("adjusted EPS")(1).Adjusted EBITDA(1) of $67.2 million.Time chartered-in the 2020-built Future Diamond to our fleet with an... More