Dynagas LNG Partners Q2 2024 Adj. EPS $0.25 Misses $0.28 Estimate, Sales $37.615M Miss $37.915M Estimate
Portfolio Pulse from Benzinga Newsdesk
Dynagas LNG Partners reported Q2 2024 earnings per share of $0.25, missing the analyst estimate of $0.28. Sales were $37.615 million, slightly below the $37.915 million estimate and a 0.10% decrease from the previous year.
September 10, 2024 | 12:02 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Dynagas LNG Partners' Q2 2024 earnings and sales both missed analyst estimates, with EPS at $0.25 versus $0.28 expected and sales at $37.615M versus $37.915M expected.
The earnings per share and sales figures both missed analyst expectations, which is typically viewed negatively by investors. The EPS miss was by 10.71%, and sales were slightly below estimates by 0.79%. This could lead to a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100