EARNINGS POLL-BW LPG Q3 EBITDA seen down 47 pct

Innkommet 22.11.2017 12:52
* BW LPG third-quarter results
* Due on THURSDAY, Nov. 23
* Q3 EBITDA seen at USD 17.7 million

Nov 22 - Following is a table of forecasts for an investment
holding company BW LPG third-quarter results,
according to a poll of analysts.

All figures in millions of USD, except EPS, Dividend per
share and VLGC Spot Rate which are in USD.

2017:Q3 Yr Cha
Mean Median High Low No Ago nge% Prev.Q
TCE 70.9 71.0 77.0 62.0 7 80.5 -11. 91.4
revenue 98
EBITDA 17.7 19.0 28.0 7.00 7 33.4 -46. 39.6
98
EBIT -16.9 -16.5 -6.00 -28. 8 -52.9 68.0 5.10
0 9
Pretax -27.1 -27.0 -14.0 -38. 7 -60.3 54.9 -7.00
Profit 0 9
Net profit -27.3 -27.5 -14.0 -38. 8 -60.3 54.8 -6.70
0 1
EPS -0.19 -0.20 -0.10 -0.2 8 -0.44 56.8 -0.05
7 2
VLGC Spot 15,41 15,325 15,98 15,0 4 22,10 -30. 20,300
Rate 4 2 26 0 25
2017 Yr Chang
Mean Median High Low No Ago e%
TCE 338 338 361 320 5 407 -16.89
revenue
EBITDA 130 132 142 108 6 210 -38.12
EBIT 1.00 5.00 16.0 -23.0 6 53.4 -98.13
Pretax -44.0 -39.5 -32.0 -67.0 6 23.9 n/a
Profit
Net profit -43.3 -39.5 -31.0 -67.0 6 24.3 n/a
EPS -0.31 -0.28 -0.22 -0.47 6 0.18 n/a
Dividend 0.00 0.00 0.00 0.00 6 0.09 -100
per share
2018
Mean Median High Low No
TCE revenue 418 436 551 274 5
EBITDA 220 215 370 76.0 6
EBIT 86.5 83.0 242 -56.0 6
Pretax Profit 47.0 40.5 212 -96.0 6
Net profit 46.8 40.5 212 -96.0 6
EPS 0.33 0.29 1.49 -0.68 6
Dividend per 0.22 0.16 0.75 0.00 6
share
2019
Mean Median High Low No
TCE revenue 488 512 557 337 5
EBITDA 306 322 378 152 6
EBIT 172 184 250 20.0 6
Pretax Profit 136 147 226 -19.0 6
Net profit 136 146 226 -19.0 6
EPS 0.96 1.03 1.59 -0.13 6
Dividend per 0.34 0.37 0.80 0.00 6
share


ANALYST RECOMMENDATIONS
Of the 8 analysts who disclosed their recommendation on the BW
LPG stock, 7 answered Positive, 1 Neutral and 0 Negative.

- The following brokerages and investment banks participated in
the poll:

Firm Outlook
Clarksons Platou Securities Buy
Danske Bank Markets Buy
DNB Markets Buy
ABG Sundal Collier Hold
Nordea Markets Buy
SEB Equities Buy
Pareto Securities Buy
Fearnley Securities Buy


Estimates were collected from Oct. 9 to Nov. 21

Data provided by Inquiry Financial Europe AB
()

(Gdynia Newsroom)
((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920))

Keywords: BW LPG RESULTS/