Benzinga | Mar 15, 2021 11:40AM EDT

Earnings Outlook for Dynagas LNG Partners

On Tuesday, March 16, Dynagas LNG Partners (NYSE:DLNG) will report its last quarter's earnings. Here is Benzinga's preview of the company's release.

What Are Earnings, Net Income, And Earnings Per Share?

Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.

Earnings And Revenue

Analysts predict Dynagas LNG Partners will report earnings of $0.2 per share on revenue of $33.62 million. Dynagas LNG Partners EPS in the same period a year ago totaled $0.08. Revenue was $34.32 million.

Why Analyst Estimates And Earnings Surprises Are Important

Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release. When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.

The Wall Street consensus estimate for earnings would represent a 150.0% increase for the company. Sales would have fallen 2.03% from the same quarter last year. Here is how the company's EPS has stacked up against analyst estimates in the past:

Quarter Q3 2020 Q2 2020 Q1 2020 Q4 2020EPS Estimate 0.19 0.15 0.09 0.09EPS Actual 0.21 0.20 0.12 0.08Revenue Estimate 33.46 M 32.97 M 33.45 M 33.30 MRevenue Actual 34.35 M 33.91 M 34.47 M 34.32 M

Stock Performance

Shares of Dynagas LNG Partners were trading at $3.25 as of March 12. Over the last 52-week period, shares are up 166.95%. Given that these returns are generally positive, long-term shareholders are probably happy going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Dynagas LNG Partners is scheduled to hold the call at 10:00:00 ET and can be accessed here.