Dynagas LNG Partners (NYSE:DLNG) Posts Quarterly Earnings Results, Misses Expectations By $0.05 EPS

Dynagas LNG Partners (NYSE:DLNGGet Free Report) released its quarterly earnings data on Thursday. The shipping company reported $0.25 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.30 by ($0.05), Zacks reports. Dynagas LNG Partners had a net margin of 23.58% and a return on equity of 9.98%. The firm had revenue of $38.06 million during the quarter, compared to analyst estimates of $37.92 million. During the same period in the prior year, the company earned $0.10 EPS.

Dynagas LNG Partners Trading Up 2.8 %

DLNG opened at $4.02 on Friday. Dynagas LNG Partners has a twelve month low of $2.27 and a twelve month high of $4.24. The company has a fifty day moving average of $3.89 and a 200-day moving average of $3.24.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded Dynagas LNG Partners from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 4th.

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Dynagas LNG Partners Company Profile

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Dynagas LNG Partners LP, through its subsidiaries, operates in the seaborne transportation industry in Greece and internationally. The company owns and operates liquefied natural gas (LNG) carriers. Its fleet consists of six LNG carriers with an aggregate carrying capacity of approximately 914,000 cubic meters.

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Earnings History for Dynagas LNG Partners (NYSE:DLNG)

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