Dynagas LNG Partners Q1 Adj EPS $0.10 Misses $0.21 Estimate, Sales $37.26M Beat $33.68M Estimate
Portfolio Pulse from Benzinga Newsdesk
Dynagas LNG Partners reported Q1 adjusted EPS of $0.10, missing the $0.21 estimate, and sales of $37.26M, beating the $33.68M estimate. This represents a 47.37% decrease in earnings and a 12.04% increase in sales compared to the same period last year.
June 20, 2023 | 8:06 pm
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Dynagas LNG Partners' Q1 adjusted EPS missed estimates by 52.38%, while sales beat estimates by 10.64%. Earnings decreased by 47.37% and sales increased by 12.04% compared to last year.
Dynagas LNG Partners' Q1 earnings missed estimates significantly, with a 52.38% lower adjusted EPS than expected. This is likely to negatively impact the stock price in the short term, as investors may be concerned about the company's profitability. However, the sales beat estimates by 10.64%, which could partially offset the negative impact of the earnings miss.
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IMPORTANCE 80
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