NYSE$LPG

Dorian Lpg Ltd · Q4 2022 earnings

Q4 2022 earnings · · Investor relations

Briefing

Dorian LPG's financial performance decreased in Q4 2022, with revenues and net income declining compared to the same period last year, while the company declared an irregular dividend and completed vessel refinancings.

Dorian LPG Ltd. reported a decrease in revenues and net income for the three months ended March 31, 2022, compared to the same period in the prior year. Revenues decreased by 20.1% to $79.6 million, and net income decreased to $35.4 million, or $0.88 per share. The company declared and paid an irregular dividend totaling $40.1 million and completed the refinancing of several vessels, resulting in net cash proceeds of over $115 million.

  • Revenues for the quarter were $79.6 million.
  • Net income was $35.4 million, or $0.88 earnings per diluted share.
  • Adjusted net income was $24.7 million, or $0.62 adjusted diluted earnings per share.
  • The company declared and paid an irregular dividend totaling $40.1 million.

Headline financials

Total Revenue

$79.6M

Previous: $99.6M-20.1%
EPS (adj)

$0.62

Previous: $0.86-27.9%
Daily vessel operating expenses

$9.37K

No prior period
Capital Expenditures

$960K

Previous: $191K+401.3%
Free Cash Flow

$29M

Previous: $82.8M-65.0%
Net Income

$35.4M

Previous: $44M-19.6%
Operating Income

$37.5M

Previous: $46.3M-19.0%
Gross Profit

$79.6M

Previous: $99.6M-20.1%
Cash & Equivalents

$237M

Previous: $79.3M+198.4%
Total Assets

$1.61B

Previous: $1.58B+1.6%
Stock-Based Comp

$716K

Previous: $489K+46.6%

Revenue & EPS history

Dorian LPG · Revenue · Quarterly

$79.6M

Q4 2022-20.1%vs Q4 2021
Beat estimate in 11 of 16 quarters(69%)
ActualEstimate

Forward guidance

Dorian LPG anticipates continued market volatility due to geopolitical tensions and evolving energy demands, but remains optimistic about long-term growth supported by its modern fleet and strategic capital allocation.

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 Q4 2022

Historical avgQ4 2022

-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

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro