Dynagas LNG Partners Q4 Adj EPS $0.20 Misses $0.30 Estimate, Sales $36.95M Miss $38.21M Estimate
Portfolio Pulse from Benzinga Newsdesk
Dynagas LNG Partners (DLNG) reported Q4 adjusted EPS of $0.20, missing the $0.30 estimate, and sales of $36.95M, missing the $38.21M estimate. This represents an 81.82% increase in earnings and a 5.38% increase in sales from the same period last year.
March 28, 2024 | 12:06 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Dynagas LNG Partners reported lower-than-expected Q4 earnings and revenue, with adjusted EPS at $0.20 vs. $0.30 estimate and sales at $36.95M vs. $38.21M estimate.
Missing both earnings and revenue estimates is generally viewed negatively by the market, likely leading to a short-term decrease in stock price. The significant miss in EPS (33.33%) and the miss in revenue estimates (3.30%) could particularly concern investors, despite the year-over-year growth in earnings and sales.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100