earnings
confidence high
sentiment positive
materiality 0.85
Dorian LPG Q1 FY2027 net income $138.3M vs $10.1M YoY; declares $1.00 irregular dividend
DORIAN LPG LTD.
2027-Q1 EPS reported
$3.24
revenue$187,884,848
- Net income $138.3M ($3.24 diluted EPS) vs $10.1M ($0.24) YoY; adjusted net income $107.2M ($2.52 adjusted EPS).
- Revenue $187.9M, up 123% YoY; TCE rate $75,926 per day, up 91% YoY.
- Declared irregular cash dividend of $1.00 per share ($42.8M total) payable Aug 12, 2026.
- Sold three VLGCs (Corsair, Constellation, Cobra) for combined net proceeds ~$248.3M; ordered one newbuilding dual-fuel VLGC for Q3 2029 delivery.
- Prepaid $23.9M on BALCAP Facility and $16.5M on 2023 A&R Debt Facility.