U.S. Markets open in 8 hrs 47 mins

Dynagas: 4Q Earnings Snapshot

MONACO (AP) _ Dynagas LNG Partners LP (DLNG) on Thursday reported a loss of $924,000 in its fourth quarter.

The company said it had a loss of 10 cents per share. Losses, adjusted for one-time items, came to 4 cents per share.

The results fell short of Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 2 cents per share.

The gas shipping company posted revenue of $31 million in the period.

For the year, the company reported profit of $3.6 million, or 11 cents per share. Revenue was reported as $127.1 million.

In the final minutes of trading on Thursday, the company's shares hit $2.63. A year ago, they were trading at $10.03.


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