Dorian LPG is trading at $51.80 (+4.79%) in pre-market after fiscal second-quarter results substantially beat estimates.
- Adjusted EPS was $3.46 versus $2.72 expected; revenue reached $221.3 million versus $187.72 million expected.
- Record TCE rates of $96,990 per available day, up 80.5% year over year, supported results; the company also declared a $1.25 irregular dividend.