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Hoegh LNG: 3Q Earnings Snapshot

HAMILTON, Bermuda (AP) _ Hoegh LNG Partners LP (HMLP) on Thursday reported third-quarter earnings of $19.9 million.

The Hamilton, Bermuda-based company said it had profit of 51 cents per share. Earnings, adjusted for non-recurring gains, were 50 cents per share.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 43 cents per share.

The provider of liquid natural gas transportation services posted revenue of $37.3 million in the period.

Hoegh LNG shares have fallen 11 percent since the beginning of the year. The stock has declined almost 5 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 HMLP at https://www.zacks.com/ap/HMLP