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BW LPG (DE:1PE)
:1PE
Holding DE:1PE?
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Earnings Data
Report Date
Feb 27, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.2Last Year’s EPS
1.09Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 21, 2018
|% Change Since: 10.10%
|Next Earnings Date:Aug 30, 2018
Earnings Call Sentiment|Neutral
The earnings call highlights strong fleet expansion and financial performance with a full dividend payout, despite market volatility impacting income and increasing leverage. Unrealized gains in Product Services could pose future uncertainty.Company Guidance
During BW LPG's third-quarter 2024 earnings call, the company reported a Time Charter Equivalent (TCE) of $46,800 per available day, exceeding their guidance of $43,000 per day despite market fluctuations. The company declared a dividend of $0.42 per share, representing a 100% payout of net profit after tax from shipping activities. BW LPG achieved a fleet utilization rate of 98% and realized a net profit of $120 million, with $58 million attributed to a net accounting profit from the Product Services segment. The company also reported a net leverage ratio of 21% and maintained a strong liquidity position of $750 million. Looking ahead, BW LPG has fixed 90% of their available days for the fourth quarter at approximately $36,000 per day and expects their own fleet operating cash breakeven to be about $18,800 in 2024. The company anticipates increased export capacity from the US Gulf and potential market volatility due to changes in the Panama Canal's slot availability.Fleet Expansion
Five out of twelve acquired Avance Gas ships have been delivered, with four more expected by the end of the quarter, enhancing fleet capacity.
Strong Financial Performance
Net profit after tax of $120 million for Q3, with a 23% annualized earnings yield and a return on equity of 30%.
Dividend Declaration
A dividend of $0.42 per share was declared, representing a 100% payout of NPAT from shipping activities, demonstrating confidence in financial stability.
Successful Refinancing
Refinanced a $400 million revolving credit facility with a larger $460 million facility, improving financial flexibility.
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DE:1PE Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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DE:1PE Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Dec 02, 2024 | €11.03 | €11.31 | +2.62% |
| Aug 22, 2024 | €12.85 | €12.74 | -0.87% |
| May 30, 2024 | €14.78 | €17.24 | +16.67% |
| Feb 29, 2024 | €9.45 | €8.74 | -7.46% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does BW LPG (DE:1PE) report earnings?
BW LPG (DE:1PE) is schdueled to report earning on Feb 27, 2025, TBA Not Confirmed.
What is BW LPG (DE:1PE) earnings time?
BW LPG (DE:1PE) earnings time is at Feb 27, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of BW LPG stock?
The P/E ratio of BW LPG Ltd is N/A.
What is DE:1PE EPS forecast?
DE:1PE EPS forecast for the fiscal quarter 2024 (Q4) is 0.2.
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