New York-listed DHT posted a loss of $0.04 per share in the final three months of 2014, missing the $0.06 per share positive consensus as general and administrative costs were higher than expected.

Jonathan Chappell of Evercore ISI notes the owner last posted a profit in the fourth quarter of 2012, making the $0.30-per-share gain he is projecting for the opening quarter of 2015 a “meaningful benchmark”.