{"id":175851,"date":"2023-05-23T15:40:37","date_gmt":"2023-05-23T15:40:37","guid":{"rendered":"https:\/\/precoinnews.com\/?p=175851"},"modified":"2023-05-23T15:40:37","modified_gmt":"2023-05-23T15:40:37","slug":"navigator-holdings-rallies-as-prel-q1-earnings-come-in-above-view","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/bitcoin\/navigator-holdings-rallies-as-prel-q1-earnings-come-in-above-view\/","title":{"rendered":"Navigator Holdings Rallies As Prel. Q1 Earnings Come In Above View"},"content":{"rendered":"
Shares of Navigator Holdings Ltd. (NVGS), an owner and operator of liquefied gas carriers, are rising more than 14% Tuesday morning after the company reported preliminary first-quarter earnings above analysts’ view.<\/p>\n
Net income was $18.8 million or $0.25 per share for the first quarter, lower than $27 million or $0.35 per share last year.<\/p>\n
Excluding one-times, earnings were $0.31 per share, that beat the average estimate of analysts polled by Thomson-Reuters of $0.25 per share.<\/p>\n
Revenue for the quarter increased to $136 million from $119.78 million last year.<\/p>\n
NVGS, currently at $14.98 has been trading in the range of $9.81 – $15.21 in the last 1 year. <\/p>\n