Dorian LPG Q1 Adj $1.26 Beats $0.88 Estimate, Sales $114.35M Beat $95.00M Estimate
Portfolio Pulse from Benzinga Newsdesk
Dorian LPG (NYSE:LPG) reported strong Q1 earnings, with adjusted EPS of $1.26 beating the $0.88 estimate and sales of $114.35M surpassing the $95.00M estimate. This represents a 43.18% EPS beat and a 20.37% sales beat compared to analyst expectations.
August 01, 2024 | 10:15 am
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POSITIVE IMPACT
Dorian LPG reported strong Q1 earnings, significantly beating both EPS and sales estimates. This positive performance is likely to boost investor confidence and drive the stock price up in the short term.
The significant beats on both EPS and sales estimates indicate strong financial performance, which is likely to positively influence investor sentiment and drive the stock price higher in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100