Dorian LPG reports Q3 adjusted EPS 43c. consensus 61c

Reports Q3 revenue $80.7M vs. $163.1M last year. John C. Hadjipateras, CEO, commented, “The quarterly results reflected an improving market environment. With additional export capacity coming on line in the United States this year and a modest orderbook, we have a positive market outlook. Our dividend payout in excess of the quarter’s net income reflects our constructive view of the VLGC market over the coming months. As always, I acknowledge our dedicated seafarers and shoreside staff, whose hard work and dedication make our results possible.”