DHT Holdings, Inc. first quarter 2017 results

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Go back to DHT Holdings, Inc. first quarter 2017 results

DHT Holdings (DHT) Misses Q1 EPS by 5c

May 8, 2017 4:38 PM EDT

DHT Holdings (NYSE: DHT) reported Q1 EPS of $0.15, $0.05 worse than the analyst estimate of $0.20. Revenue for the quarter came in at $70.7 million versus the consensus estimate of $73.25 million.

Adjusted EBITDA for the quarter of $50.6 million. Net income for the quarter of $14.3 million or $0.15 per basic share. After adjusting for an impairment charge totaling $7.5 million related to the sale of DHT Ann and DHT Phoenix, net income is $21.8 million or $0.23 per basic share.The Company's VLCCs achieved time charter equivalent earnings of $40,100 per day in the first quarter of 2017 of which the... More