Diana Shipping Inc reports results for the quarter ended September 30 - Earnings Summary
Diana Shipping Inc DSX.N reported quarterly adjusted earnings of 2 cents per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 6 cents. The mean expectation of two analysts for the quarter was for earnings of 9 cents per share.
Revenue fell 7.4% to $57.49 million from a year ago; analysts expected $68.00 million.
Diana Shipping Inc's reported EPS for the quarter was 2 cents.
The company reported quarterly net income of $2.27 million.
Diana Shipping Inc shares had fallen by 16.7% this quarter and lost 27.9% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts was unchanged in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."
The average consensus recommendation for the marine freight & logistics peer group is also "buy"
Wall Street's median 12-month price target for Diana Shipping Inc is $4.00
This summary was machine generated from LSEG data November 25 at 02:31 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Sep. 30 2024 | 0.09 | 0.02 | Missed |
Jun. 30 2024 | 0.03 | 0.01 | Missed |
Mar. 31 2024 | 0.03 | 0.03 | Met |
Dec. 31 2023 | 0.04 | 0.03 | Missed |
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