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GasLog: 4Q Earnings Snapshot

MONACO (AP) _ GasLog LP (GLOG) on Thursday reported fourth-quarter earnings of $13.8 million.

The company said it had net income of 14 cents per share. Earnings, adjusted for non-recurring costs, were 54 cents per share.

The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 31 cents per share.

The operator of carriers for natural gas shipping posted revenue of $188.6 million in the period, also exceeding Street forecasts. Six analysts surveyed by Zacks expected $176.1 million.

For the year, the company reported profit of $47.7 million, or 47 cents per share. Revenue was reported as $618.3 million.

GasLog shares have risen 9.5 percent since the beginning of the year. The stock has dropped 3 percent in the last 12 months.


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