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Re: eastunder post# 7627

Thursday, 03/02/2017 9:38:43 AM

Thursday, March 02, 2017 9:38:43 AM

Post# of 15434
NVGS



LONDON (AP) _ Navigator Holdings Ltd. (NVGS) on Wednesday reported fourth-quarter earnings of $7.6 million.

On a per-share basis, the London-based company said it had profit of 14 cents.

The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 4 cents per share.

The transportaion company for the natural gas and and chemical industry posted revenue of $75.5 million in the period, also topping Street forecasts. Four analysts surveyed by Zacks expected $59.4 million.

For the year, the company reported profit of $44.6 million, or 80 cents per share. Revenue was reported as $294.1 million.

Navigator Holdings shares have increased 18 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $11, a decrease of 36 percent in the last 12 months.

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