Dynagas LNG Partners DLNG is gearing up to announce its quarterly earnings on Friday, 2024-11-22. Here's a quick overview of what investors should know before the release.
Analysts are estimating that Dynagas LNG Partners will report an earnings per share (EPS) of $0.28.
The market awaits Dynagas LNG Partners's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.
It's important for new investors to understand that guidance can be a significant driver of stock prices.
Earnings Track Record
During the last quarter, the company reported an EPS missed by $0.03, leading to a 2.13% drop in the share price on the subsequent day.
Here's a look at Dynagas LNG Partners's past performance and the resulting price change:
Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
---|---|---|---|---|
EPS Estimate | 0.28 | 0.30 | 0.3 | 0.11 |
EPS Actual | 0.25 | 0.25 | 0.2 | 0.01 |
Price Change % | -2.0% | 3.0% | 7.000000000000001% | 3.0% |
Stock Performance
Shares of Dynagas LNG Partners were trading at $4.24 as of November 20. Over the last 52-week period, shares are up 60.46%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.
To track all earnings releases for Dynagas LNG Partners visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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