Two analysts have lowered expectations for GasLog after the company fell short of expectations on its third quarter earnings.
The New York-listed gas carrier owner posted $25.5m in adjusted profit for the three months ending 30 September, good for $0.01 in adjusted earnings per share — much lower than the $0.07 consensus.
GasLog also lowered guidance on rates — it now expects to fetch $60,000 per day to $70,000 per day — pushing Evercore's Jonathan Chappell and Jefferies' Randy Giveans to revise their forecasts.
