earnings
confidence high
sentiment negative
materiality 0.80
Dorian LPG Q1 revenue falls 26% to $84.2M, EPS $0.24 vs $1.25 YoY; declares $0.60 dividend
DORIAN LPG LTD.
2026-Q1 EPS reported
$0.24
revenue$84,211,966
- Revenue $84.2M (-26% YoY); net income $10.1M ($0.24 EPS) vs $51.3M ($1.25 EPS) in prior year.
- Adjusted net income $11.3M ($0.27 adj. EPS); adjusted EBITDA $38.6M vs $78.0M YoY.
- TCE rate per day $39,726 (-20.9% YoY) on lower spot rates and heavy drydocking schedule.
- Declared $0.60/share irregular dividend (~$25.6M total), payable Aug 27 to holders of record Aug 12.
- CEO cites drydocking and market volatility; bookings for current quarter at 'strong rates'.
item 2.02item 7.01item 9.01