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Navigator Holdings (NVGS)
NYSE:NVGS
Earnings Data
Report Date
Aug 14, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.32Last Year’s EPS
0.34Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 14, 2025
|% Change Since: 6.66%
|Next Earnings Date:Aug 14, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mixed picture with significant achievements in revenue growth, financial strength, and shareholder returns. However, challenges in terminal throughput and market disruptions due to tariffs also featured prominently. The company remains optimistic about future performance with improving market conditions and strategic maneuvers.Company Guidance
During the Navigator Holdings conference call for the first quarter of 2025, the company reported a 13% increase in quarterly revenue, a record high, driven by high utilization and rates. The adjusted EBITDA for Q1 was $73 million, consistent with the prior year and quarter. The company strengthened its balance sheet with a $300 million refinancing and a $40 million bond tap, enhancing its cash position. The time charter equivalent (TCE) rates averaged $30,475, 8% higher than the previous quarter, with utilization exceeding 92%. Despite a challenging environment, including tariffs and market volatility, Navigator remained resilient, supported by a diversified customer base and strong balance sheet. The company announced a $0.05 dividend and a significant share repurchase program, reflecting robust shareholder returns. The Ethylene Export Terminal experienced low throughput due to U.S. cracker turnarounds, but expectations for higher volumes are set for Q2. Additionally, Navigator expanded its fleet by acquiring three secondhand vessels and selling an older vessel, aligning with its fleet renewal strategy.Record Quarterly Revenue
Navigator Holdings reported a 13% increase in revenue for Q1 2025 compared to the same period last year, marking a new record for quarterly revenue driven by high utilization and higher rates.
Strong Financial Position
The company reported a robust cash position even after investments, with a successful $300 million refinancing at the lowest margins ever for the company.
Shareholder Returns
The company announced a $0.05 fixed dividend and a share buyback totaling 25% of net income, along with a new $50 million share repurchase authorization.
High Utilization and TCE Rates
Navigator achieved utilization above 92% and average Q1 TCE rates of $30,475, which is 8% higher than both the previous quarter and the same period last year.
Fleet Expansion
The company expanded its fleet by acquiring three secondhand ethylene-capable vessels and sold an older vessel for a gain of almost $13 million.
Positive Market Outlook
Improvement in vessel utilization and high throughput expected at Morgan's Point, with a favorable supply picture for handysize vessels.
NVGS 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
NVGS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 14, 2025 | $13.66 | $13.95 | +2.12% |
Mar 12, 2025 | $13.69 | $13.77 | +0.58% |
Nov 06, 2024 | $15.83 | $15.51 | -2.02% |
Aug 14, 2024 | $15.71 | $16.10 | +2.48% |
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.
FAQ
When does Navigator Holdings (NVGS) report earnings?
Navigator Holdings (NVGS) is schdueled to report earning on Aug 14, 2025, TBA Not Confirmed.
What is Navigator Holdings (NVGS) earnings time?
Navigator Holdings (NVGS) earnings time is at Aug 14, 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 NVGS EPS forecast?
NVGS EPS forecast for the fiscal quarter 2025 (Q2) is 0.32.