Dynagas LNG Partners LP Reports Results for the Three Months and Year Ended December 31, 2020
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Dynagas LNG Partners (DLNG) Tops Q4 EPS by 2c, Revenues Beat
March 16, 2021 4:16 PM EDTDynagas LNG Partners (NYSE: DLNG) reported Q4 EPS of $0.22, $0.02 better than the analyst estimate of $0.20. Revenue for the quarter came in at $34.44 million versus the consensus estimate of $33.62 million.
Fourth Quarter Highlights:
Net income and earnings per common unit of $10.6 million and $0.22, respectively;Adjusted Net Income(1) of $10.7 million and Adjusted Earnings per common unit of $0.22;Adjusted EBITDA(1) of $24.4 million;100% fleet utilization; andDeclared and paid cash distribution of $0.5625 per unit on its Series A Preferred Units (NYSE: DLNG PR A) for the period from August 12, 2020 to November... More