earnings
confidence high
sentiment positive
materiality 0.65
Dorian LPG Q1 net income $51.3M, adjusted EPS $1.26; $42.6M irregular dividend
DORIAN LPG LTD.
2025-Q1 EPS reported
$1.25
revenue$114,353,042
- Net income $51.3M ($1.25 diluted EPS); adjusted net income $51.7M ($1.26 adjusted EPS).
- TCE rate $55,228/day, up 8% YoY from $51,156; fleet utilization 90.4% vs 98.0%.
- Irregular dividend of $42.6M payable Aug 21, 2024 to holders of record Aug 8, 2024.
- Issued 2M common shares at $44.50/share (net $42.275 after underwriting discounts).
- Revenues $114.4M, up 2.5% YoY; interest and finance costs down 8.5% to $9.5M.