Navigator Holdings Ltd reports results for the quarter ended September 30 - Earnings Summary

Navigator Holdings Ltd reported adjusted earnings of 50 cents per share for the quarter ended September 30, exceeding last year's 26 cents and analysts' expectations of 39 cents. Revenue increased by 7.9% to $153.09 million, surpassing the expected $144.54 million. The company’s net income was $33.16 million. Shares rose 5.9% this quarter, with a current average analyst rating of "strong buy". The median 12-month price target is $22.00, 25.5% above the last closing price of $16.38.