Dorian LPG Q3 Adj. EPS $2.62 Beats $1.80 Estimate, Sales $163.06M Beat $159.71M Estimate
Portfolio Pulse from Benzinga Newsdesk
Dorian LPG reported Q3 adjusted EPS of $2.62, surpassing the $1.80 estimate, and sales of $163.06M, exceeding the $159.71M estimate. This represents a 103.1% increase in earnings and a 57.82% increase in sales compared to the same period last year.
February 01, 2024 | 11:11 am
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Dorian LPG's Q3 earnings and sales exceeded analyst expectations, showing substantial growth compared to last year.
The significant beat on both earnings and sales estimates, coupled with the impressive year-over-year growth, is likely to positively influence investor sentiment and potentially drive up the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100