LONDON (AP) _ Navigator Holdings Ltd. (NVGS) on Monday reported third-quarter net income of $623,000, after reporting a loss in the same period a year earlier.
On a per-share basis, the London-based company said it had profit of 1 cent.
The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 2 cents per share.
The transportaion company for the natural gas and and chemical industry posted revenue of $80.8 million in the period. Its adjusted revenue was $63.6 million.
Navigator Holdings shares have risen 22 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $12.03, an increase of 19 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 NVGS at https://www.zacks.com/ap/NVGS