Dorian LPG Ltd (LPG) released earnings for its fourth quarter that increased from last year and beat the Street estimates.
The company's bottom line totaled $79.240 million, or $1.96 per share. This compares with $76.021 million, or $1.89 per share, in last year's fourth quarter.
Excluding items, Dorian LPG Ltd reported adjusted earnings of $77.584 million or $1.91 per share for the period.
Analysts on average had expected the company to earn $1.83 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 5.8% to $141.391 million from $133.635 million last year.
Dorian LPG Ltd earnings at a glance (GAAP) :
-Earnings (Q4): $79.240 Mln. vs. $76.021 Mln. last year.-EPS (Q4): $1.96 vs. $1.89 last year.-Revenue (Q4): $141.391 Mln vs. $133.635 Mln last year.
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