Dorian LPG (LPG) to Release Earnings on Thursday

Dorian LPG (NYSE:LPG - Get Free Report) is anticipated to issue its quarterly earnings data before the market opens on Thursday, February 6th. Analysts expect the company to announce earnings of $0.35 per share and revenue of $90.16 million for the quarter. Persons that are interested in registering for the company's earnings conference call can do so using this link.

Dorian LPG (NYSE:LPG - Get Free Report) last released its earnings results on Thursday, October 31st. The shipping company reported $0.35 EPS for the quarter, missing the consensus estimate of $0.52 by ($0.17). The company had revenue of $82.40 million for the quarter, compared to analyst estimates of $82.40 million. Dorian LPG had a net margin of 47.87% and a return on equity of 23.75%. The firm's quarterly revenue was down 43.1% on a year-over-year basis. During the same period in the previous year, the business posted $1.85 EPS. On average, analysts expect Dorian LPG to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Dorian LPG Trading Up 2.8 %

NYSE LPG traded up $0.70 on Thursday, hitting $25.33. 714,564 shares of the company were exchanged, compared to its average volume of 731,593. The company's 50 day moving average price is $24.42 and its 200-day moving average price is $31.11. The company has a debt-to-equity ratio of 0.48, a current ratio of 4.22 and a quick ratio of 4.20. Dorian LPG has a twelve month low of $22.46 and a twelve month high of $51.66. The firm has a market capitalization of $1.08 billion, a P/E ratio of 4.29 and a beta of 0.93.

Dorian LPG Cuts Dividend

The business also recently declared a dividend, which will be paid on Thursday, February 27th. Stockholders of record on Wednesday, February 5th will be paid a $0.70 dividend. The ex-dividend date of this dividend is Wednesday, February 5th.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group reiterated a "buy" rating and issued a $42.00 target price on shares of Dorian LPG in a research note on Thursday, October 31st.

Dorian LPG Company Profile

Dorian LPG Ltd., together with its subsidiaries, engages in the transportation of liquefied petroleum gas through its LPG tankers worldwide. It owns and operates twenty-five very large gas carriers. The company was incorporated in 2013 and is headquartered in Stamford, Connecticut.