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Recap: DHT Holdings Q3 Earnings


Benzinga | Nov 9, 2020 04:50PM EST

Recap: DHT Holdings Q3 Earnings

Shares of DHT Holdings (NYSE:DHT) moved higher by 0.97% in after-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share were up 542.86% year over year to $0.31, which beat the estimate of $0.28.

Revenue of $117,506,000 higher by 99.52% year over year, which beat the estimate of $108,990,000.

Looking Ahead

DHT Holdings hasn't issued any earnings guidance for the time being.

DHT Holdings hasn't issued any revenue guidance for the time being.

Technicals

52-week high: $8.83

Company's 52-week low was at $4.52

Price action over last quarter: down 8.94%

Company Profile

DHT Holdings Inc is a crude oil tanker company. is an independent crude oil tanker company. It fleets trades internationally and consists of crude oil tankers in the VLCC. It generates revenues from time charter and spot market operations. Its fleets consist of very large crude carriers known as VLCCs that range in size from 200,000 to 320,000 deadweight tons. Geographically, DHT operates in Monaco, Oslo, Norway, and Singapore.






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