Dorian LPG Ltd (NYSE:LPG) is set to post its Q316 quarterly earnings results on Friday, January 29th. Analysts expect Dorian LPG to post earnings of $0.74 per share and revenue of $80.01 million for the quarter.

Dorian LPG (NYSE:LPG) last issued its earnings results on Friday, October 30th. The company reported $0.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.66 by $0.06. The business had revenue of $74.90 million for the quarter, compared to the consensus estimate of $60.40 million. Dorian LPG’s revenue was up 267.2% on a year-over-year basis. On average, analysts expect Dorian LPG to post $2.67 EPS for the current fiscal year and $2.11 EPS for the next fiscal year.

Shares of Dorian LPG Ltd (NYSE:LPG) opened at 10.21 on Wednesday. The company’s 50-day moving average price is $11.04 and its 200 day moving average price is $12.42. Dorian LPG Ltd has a 52 week low of $9.31 and a 52 week high of $17.59. The company has a market cap of $579.68 million and a P/E ratio of 8.02.

LPG has been the topic of several recent analyst reports. Zacks Investment Research lowered Dorian LPG from a “hold” rating to a “strong sell” rating in a research report on Friday, October 16th. TheStreet downgraded Dorian LPG from a “hold” rating to a “sell” rating in a research note on Friday, November 6th. Finally, JPMorgan Chase & Co. began coverage on Dorian LPG in a research note on Friday, December 18th. They set an “overweight” rating and a $18.00 price target on the stock.

Dorian LPG Ltd is a pure-play liquefied petroleum gas (NYSE:LPG) shipping company, based in the Marshall Islands. The Company operates three very large gas carriers (VLGC) and one pressurized LPG vessel. Additionally, it contracts for 16 fuel-efficient VLGC newbuildings, with deliveries scheduled for 2014 and 2015. It operates through offices located in the United States, the United Kingdom and Greece. Its customers include Petrobras, Shell, Statoil, Vitol, and Mitsui O.S.K. Lines.

12 Month Chart for NYSE:LPG

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