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.
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