Navigator Holdings Ltd. (NVGS) experienced a sharp decline of 5.93% in after-hours trading following the release of its fourth-quarter financial results.

The company reported adjusted earnings per share of $0.32 for the quarter, which missed the analyst consensus estimate of $0.41. This result also represented a decrease from the $0.38 per share reported in the same quarter a year earlier.

Although Navigator's quarterly revenue of $152.8 million surpassed the $142 million estimate and showed growth from $144 million a year ago, the earnings shortfall appeared to be the primary driver behind the stock's after-hours plunge.