Dorian LPG Ltd (LPG) Anticipated to Post Revenue of -$0.14 Per Share – BharataPress

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Wall Street brokerages predict that Dorian LPG Ltd (NYSE:LPG) will announce earnings of ($0.14) per share for the current fiscal quarter, Zacks Investment Research reports. Two analysts have issued estimates for Dorian LPG’s earnings, with the lowest EPS estimate coming in at ($0.22) and the highest estimate coming in at ($0.08). Dorian LPG posted earnings per share of ($0.23) during the same quarter last year, which indicates a positive year-over-year growth rate of 39.1%. The company is expected to report its next earnings report before the market opens on Wednesday, October 31st.

According to Zacks, analysts expect that Dorian LPG will report full-year earnings of ($0.96) per share for the current year, with EPS estimates ranging from ($1.11) to ($0.85). For the next financial year, analysts anticipate that the firm will post earnings of ($0.22) per share, with EPS estimates ranging from ($0.46) to $0.04. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of research analysts that cover Dorian LPG.

Dorian LPG (NYSE:LPG) last announced its quarterly earnings data on Thursday, August 9th. The shipping company reported ($0.41) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.22) by ($0.19). The firm had revenue of $27.64 million for the quarter, compared to analysts’ expectations of $36.89 million. Dorian LPG had a negative net margin of 23.51% and a negative return on equity of 4.90%.

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