Hoegh LNG Partners LP (NYSE:HMLP) is set to announce second quarter earning results on Thursday 20th August 2020, before market open.
Analysts surveyed by Thomson Reuters are predicting, HMLP to report 2Q20 income of $ 0.34 per share from revenue of $ 35.30 million.
For the full year, analysts anticipate top line of $ 142.85 million, while looking forward to income of $ 1.17 per share bottom line.
Previous Quarter Performance
Hoegh LNG Partners LP disclosed income for the first quarter of $ 0.07 per share, from the revenue of $ 36.69 million. The quarterly earnings hiked 165.38 percent compared with the same quarter last year. Street analysts expected Hoegh LNG Partners LP to report income of $ 0.37 per share on revenue of $ 36.56 million for the first quarter. The bottom line results missed street analysts by $ 0.3 or 81.08 percent, at the same time, top line results outshined analysts by $ 0.13 million or 0.36 percent.
Stock Performance
According to the previous trading day, closing price of HMLP was $ 9.93, representing a 112.63 % increase from the 52 week low of $ 4.67 and a 42.53 % decrease over the 52 week high of $ 17.28.
The company has a market capital of $ 330.53 million and is part of the Industrials sector and Shipping & Ports industry.
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Conference Call
Hoegh LNG Partners LP will be hosting a conference call at 8:30 AM eastern time on 20th August 2020, to discuss its 2Q20 financial results with the investment community. The participants may dial, 1-855-239-1375 Toll Free, (United States) or +1-412-542-4123 Toll Number in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website www.webcaster4.com/Webcast/Page/942/36626
Höegh LNG Partners LP focuses on owning, operating, and acquiring floating storage and regasification units (FSRUs), liquefied natural gas (LNG) carriers, and other LNG infrastructure assets under long-term charters. The company also offers ship management services. As of March 31, 2019, it had a fleet of five FSRUs.
