DHT Holdings Inc. Reports Retreat In Q1 Bottom Line, But Beats Estimates

DHT Holdings Inc. (DHT) reported earnings for first quarter that decreased from the same period last year but beat the Street estimates.

The company's earnings totaled $44.12 million, or $0.27 per share. This compares with $47.07 million, or $0.29 per share, last year.

Analysts on average had expected the company to earn $0.15 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period fell 19.4% to $118.574 million from $147.038 million last year.

DHT Holdings Inc. earnings at a glance (GAAP) :

-Earnings: $44.12 Mln. vs. $47.07 Mln. last year.
-EPS: $0.27 vs. $0.29 last year.
-Revenue: $118.574 Mln vs. $147.038 Mln last year.

by RTTNews Staff Writer

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