DHT Holdings Q1 2024 GAAP EPS $0.29, Inline, Adjusted Net Revenues $106.34M Miss $107.29M Estimate
Portfolio Pulse from Benzinga Newsdesk
DHT Holdings reported Q1 2024 GAAP EPS of $0.29, meeting analyst estimates, and a 26.09% increase from the previous year. However, its Adjusted Net Revenues of $106.34M missed estimates by 0.89%, despite being a 13.25% increase from the previous year.
May 14, 2024 | 8:18 pm
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DHT Holdings' Q1 2024 earnings report showed a solid EPS that met expectations and a significant year-over-year revenue growth, despite a slight miss on revenue estimates.
Meeting EPS estimates and showing significant year-over-year growth are positive signs, but missing revenue forecasts, even slightly, could temper investor enthusiasm. The overall impact is likely neutral in the short term as the positives and negatives balance out.
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