DHT Earnings Prediction
The chart below shows how DHT performed 10 days before and after its earnings report, based on data from the past quarters. Typically, DHT sees a -0.96% change in stock price 10 days leading up to the earnings, and a +6.08% change 10 days following the report. On the earnings day itself, the stock moves by -1.34%. This data can give you a slight idea of what to expect for the next quarter's release.
DHT Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
142.11M
8.01%
-6.04%
Gross Margin
32.68%
-65.84%
-12.67%
Operating Margin
29.75%
-36.58%
-13.59%
Net Margin
24.76%
205.90%
-15.84%
EPS
0.22
--
-18.52%
No Data Available
DHT Earnings Analysis
DHT HOLDINGS, INC. Corporation (DHT.N) Earnings Conference Call
Positive
Total Liquidity Overview: The third quarter ended with total liquidity of 264 million consisting of 74 million in cash and 190 million available under our revolving credit facilities.
Revenue and EBITDA Results: We achieved revenues on TCE basis of 92.6 million and EBITDA of 70.4 million.
Net Income Results: Net income came in at 35.2 million equal to $0.22 per share.
Net Income Overview: For the first nine months of 2024, net income was 126.7 million equal to $0.78 per share.
Dividends and Balance Sheet Investment: We paid out significant dividends and invested in the balance sheet at the same time.
Negative
Total Liquidity Overview: The third quarter ended with total liquidity of 264 million consisting of 74 million in cash and 190 million available under our revolving credit facilities.
Net Income Decline: Net income came in at 35.2 million equal to $0.22 per share, indicating a decline in profitability compared to previous quarters.
Increased Operating Costs: Vessel operating expenses for the quarter were 19 million and G&A for the quarter was 4.2 million, reflecting increased operational costs.
Spot Market TCE Decline: The average TCE for all vessels in the spot market was $43,700 per day, which is lower than expected and indicates reduced revenue generation.
Net Income Decline: Net income for the first nine months of 2024 was 126.7 million equal to $0.78 per share, showing a decrease in earnings per share compared to the same period last year.
DHT FAQs
How does DHT typically perform around its earnings report dates?
Is DHT Holdings, Inc. (DHT) Q3 2024 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
DHT Earning Call Sentiment
DHT Holdings, Inc. (DHT) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
DHT.N
-1.82%Positive
The earnings call summary reflects strong financial performance, with increased EBITDA and net income, stable cash flow, and a healthy balance sheet. The Q&A session highlighted potential risks but also opportunities, such as the positive impact of reduced Iranian exports and potential fleet modernization. The market cap suggests moderate sensitivity to news. Overall, the positive financial metrics, stable expenses, and shareholder returns indicate a likely stock price increase of 2% to 8% over the next two weeks.