HAMILTON, Bermuda (AP) _ DHT Holdings Inc. (DHT) on Monday reported first-quarter earnings of $ 31.5 million.
The Hamilton, Bermuda-based company said it had net income of 30 cents per share.
The results did not meet Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 37 cents per share.
The independent oil tanker company posted revenue of $ 90.2 million in the period, topping Street forecasts. Three analysts surveyed by Zacks expected $ 88.8 million.
DHT Holdings shares have decreased 28 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $ 5.79, a fall of 28 percent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DHT at http://www.zacks.com/ap/DHT
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Keywords: DHT Holdings, Earnings Report
