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DHT Holdings (DHT)
NYSE:DHT
Earnings Data
Report Date
Aug 12, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.27Last Year’s EPS
0.27Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:May 06, 2025
|% Change Since: 4.81%
|Next Earnings Date:Aug 12, 2025
Earnings Call Sentiment|Positive
The earnings call presented a positive outlook for DHT Holdings, highlighting strong financial performance, a robust balance sheet, and successful strategic actions like vessel sales and long-term charters. While there were some moderate operational expenses and potential market challenges, the positive aspects significantly outweighed the negatives.Company Guidance
During the Q1 2025 earnings call for DHT Holdings, CFO Laila Halvorsen and CEO Svein Moxnes Harfjeld provided a comprehensive financial overview, highlighting a robust performance with revenues on a TCE basis of $79.3 million and an adjusted EBITDA of $56.4 million. The company's net income was reported at $44.1 million, or $0.27 per share, with a net profit of $24.3 million, or $0.15 per share, after adjustments. They reported vessel operating expenses at $17.8 million and G&A expenses at $5.5 million for the quarter. The average TCE rates were $36,300 per day for spot market vessels, $42,700 per day for time charters, and $38,200 per day overall. DHT's balance sheet was noted for its strength, with total liquidity at $277 million, including $80.5 million in cash. Financial leverage stood at 16.9%, and net debt was $12.3 million per vessel. The company allocated $27 million for cash dividends, reflecting their policy of distributing 100% of ordinary net income, marking the 61st consecutive quarterly cash dividend. Additionally, DHT announced vessel sales and time charter contracts, including a noteworthy seven-year charter for the DHT Appaloosa. Looking ahead, they expect improved earnings for Q2 2025 with anticipated time charter and spot market rates. The call concluded with a positive outlook on market dynamics, supported by favorable supply conditions and OPEC's production strategies.Strong Financial Performance
DHT reported TCE revenues of $79.3 million and adjusted EBITDA of $56.4 million in Q1 2025. Net income was $44.1 million, or $0.27 per share.
Robust Balance Sheet
DHT has significant liquidity of $277 million and low financial leverage of 16.9%. Net debt stood at $12.3 million per vessel.
Successful Vessel Sale
The sale of DHT Scandinavia resulted in a capital gain of $19.8 million, contributing to a net profit of $24.3 million after adjustments.
Positive Market Outlook
DHT expects an improved spot market with 72% of days booked at $48,700 per day, a meaningful increase from the previous quarter.
Long-term Time Charter Success
DHT Appaloosa entered a 7-year time charter with a major energy company, highlighting long-term earnings visibility and profit-sharing potential.
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DHT 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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DHT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 06, 2025 | $11.23 | $11.13 | -0.89% |
Feb 05, 2025 | $11.62 | $11.34 | -2.41% |
Nov 12, 2024 | $9.78 | $10.31 | +5.42% |
Aug 12, 2024 | $10.46 | $10.10 | -3.44% |
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 DHT Holdings (DHT) report earnings?
DHT Holdings (DHT) is schdueled to report earning on Aug 12, 2025, TBA Not Confirmed.
What is DHT Holdings (DHT) earnings time?
DHT Holdings (DHT) earnings time is at Aug 12, 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 DHT EPS forecast?
DHT EPS forecast for the fiscal quarter 2025 (Q2) is 0.27.
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