NYSE$LPG

Dorian Lpg Ltd · Q3 2021 earnings

Q3 2021 earnings · · Investor relations

Briefing

Dorian LPG's financial results for Q3 2021 were announced, revealing a solid performance driven by a strong freight market.

Dorian LPG reported revenues of $88.5 million and a net income of $35.8 million, or $0.71 earnings per diluted share, for the three months ended December 31, 2020. The company also announced a tender offer to purchase up to 7.4 million of its common shares at a price of $13.50 per share.

  • Revenues reached $88.5 million with a TCE rate of $42,298.
  • Net income was $35.8 million, or $0.71 EPS.
  • Adjusted net income amounted to $35.3 million, or $0.70 adjusted EPS.
  • Adjusted EBITDA was $60.1 million.

Headline financials

Total Revenue

$88.5M

Previous: $85.4M+3.6%
EPS (adj)

$0.70

Previous: $0.63+11.1%
TCE rate

$42.3K

Previous: $43.4K-2.6%
Daily vessel operating expenses

$9.49K

Previous: $9.45K+0.4%
Capital Expenditures

-$9.3M

Previous: -$12.4M+24.8%
Free Cash Flow

$78.3M

Previous: $98M-20.1%
Net Income

$48.5M

Previous: $82.4M-41.1%
Operating Income

$41.9M

Previous: $41.8M+0.3%
Gross Profit

$88.5M

Previous: $85.4M+3.6%
Cash & Equivalents

$134M

Previous: $64.7M+106.5%
Total Assets

$1.67B

Previous: $1.66B+0.4%
Stock-Based Comp

$530K

Previous: $652K-18.6%

Revenue & EPS history

Dorian LPG · Revenue · Quarterly

$88.5M

Q3 2021+3.6%vs Q3 2020
Beat estimate in 11 of 16 quarters(69%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q3 2021

Historical avgQ3 2021

-0.5%

Avg return

Earnings day

-0.0%

Avg return

5 days after

-0.1%

Avg return

30 days after

41%

20 / 49 earnings

Positive

+12.7%

Q4 2026

Best reaction

-10.8%

Q4 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026+12.7%+9.0%-6.6%
Q3 2026-0.7%-0.1%+24.4%
Q2 2026-1.8%+0.7%-14.2%
Q1 2026-5.7%+6.2%+11.1%
Q4 2025-10.8%-2.0%+12.8%
Q3 2025-5.2%-2.0%-19.7%
Q2 2025-0.9%-7.6%-17.3%
Q1 2025-6.8%-7.6%-4.6%
Q4 2024+2.7%+7.3%-4.8%
Q3 2024-5.0%-4.2%-3.2%
Q2 2024+9.5%+6.4%+25.8%
Q1 2024-5.4%-1.3%-8.3%
Q4 2023+2.0%+1.8%+1.3%
Q3 2023+11.1%+9.5%+13.3%
Q2 2023+4.6%+2.4%+10.3%
Q1 2023-8.8%-5.1%-13.2%
Q4 2022+1.6%+2.5%-11.5%
Q3 2022+2.1%+1.8%+17.4%
Q2 2022+7.6%+3.6%-1.8%
Q1 2022-0.7%-10.8%+2.8%
Q4 2021-2.5%+0.8%-4.7%
Q3 2021+9.6%+12.3%+4.2%
Q2 2021-2.8%-1.3%+28.9%
Q1 2021+0.3%-1.1%-10.4%
Q4 2020-0.4%-0.3%-7.4%
Q3 2020-4.0%-3.4%-24.0%
Q2 2020+1.3%+2.4%+13.0%
Q1 2020+6.3%+5.5%+22.3%
Q4 2019-8.9%-7.6%+8.9%
Q3 2019+2.9%+1.4%-0.2%
Q2 2019+1.0%+3.0%-9.8%
Q1 2019-3.8%-5.6%-6.5%
Q4 2018-7.1%-5.8%-6.6%
Q3 2018+3.8%+4.7%-2.2%
Q2 2018+9.6%+10.4%-2.7%
Q1 2018-8.5%-8.9%-11.8%
Q4 2017-3.4%-2.2%+10.0%
Q3 2017+1.0%-3.6%-10.9%
Q2 2017-10.5%-7.5%+18.9%
Q1 2017-0.5%-6.0%-6.6%
Q4 2016-2.2%+0.7%-20.1%
Q3 2016-0.2%
Q2 2016+7.0%
Q1 2016-5.2%
Q4 2015-0.1%
Q3 2015-1.3%
Q2 2015+7.2%
Q4 2014-7.3%
Q1 2015-7.3%
Q2 2014

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