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LONDON (AP) _ Navigator Holdings Ltd. (NVGS) on Monday reported a fourth-quarter loss of $3.9 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the London-based company said it had a loss of 7 cents. Losses, adjusted for non-recurring costs, came to 2 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 3 cents per share.
The transportaion company for the natural gas and and chemical industry posted revenue of $78.2 million in the period. Its adjusted revenue was $62.8 million, which also missed Street forecasts. Three analysts surveyed by Zacks expected $64.2 million.
For the year, the company reported a loss of $5.7 million, or 10 cents per share, swinging to a loss in the period. Revenue was reported as $248.4 million.
Navigator Holdings shares have risen 17 percent since the beginning of the year. The stock has declined nearly 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 NVGS at https://www.zacks.com/ap/NVGS