earnings
confidence high
sentiment positive
materiality 0.75
Dorian LPG Q2 FY2024 net income $76.5M ($1.89 EPS); declares $40.6M irregular dividend
DORIAN LPG LTD.
2024-Q2 EPS reported
$3.18
revenue$256,261,369
- Revenue $144.7M (+90.5% YoY); net income $76.5M vs $20.3M last year.
- Adjusted EPS $1.85; adjusted EBITDA $104.6M.
- TCE rate $65,128 per day (+60.3% YoY) on 96.5% fleet utilization.
- Declared two irregular cash dividends totaling $81.2M in Q2 FY2024.
- Interest costs $10.3M, down 14% YoY due to lower debt and refinancing.