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Dynagas: 2Q Earnings Snapshot

MONACO (AP) _ Dynagas LNG Partners LP (DLNG) on Thursday reported second-quarter profit of $932,000.

On a per-share basis, the company said it had profit of 6 cents.

The results did not meet Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was breakeven on a per-share basis.

The gas shipping company posted revenue of $30.8 million in the period, which also did not meet Street forecasts. Five analysts surveyed by Zacks expected $31.6 million.

In the final minutes of trading on Thursday, the company's shares hit $1.69. A year ago, they were trading at $8.45.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DLNG at https://www.zacks.com/ap/DLNG