Will High Expenses Hurt Dorian LPG’s Q1 Earnings?
Dorian LPG (NYSE: LPG) is set to report its first-quarter fiscal 2025 results on Thursday, Aug 1.
The company, which operates a fleet of very large gas carriers for transporting liquefied petroleum gases like propane and butane on long-haul voyages, mainly from the United States/ Middle East to Asia, has an impressive track record with respect to earnings per share, having surpassed the Zacks Consensus Estimate in three of the last four quarters (missing the mark once). The average beat is 0.4%.
Dorian LPG Ltd. Price and EPS Surprise
Dorian LPG Ltd. price-eps-surprise | Dorian LPG Ltd. Quote
Given this backdrop, let us unearth the factors likely to have influenced Dorian LPG’s performance in the to-be-reported quarter.
We expect LPG’s fiscal first-quarter bottom-line performance to have been affected by higher vessel operating expenses, mainly due to the increased average number of vessels in its fleet. …
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