Diana Containerships Earnings: Everything You Must Know Now

Diana Containerships Inc (NASDAQ:DCIX) had a loss and met Wall Street’s expectations, AND came up short on beating the revenue expectation. The revenue miss is a negative sign to shareholders seeking high growth out of the company.

Diana Containerships Inc Earnings Cheat Sheet

Results: Adjusted Earnings Per Share decreased to $-0.02 in the quarter versus EPS of $0.10 in the year-earlier quarter.

Revenue: Decreased 18.34% to $12.2 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: reported adjusted EPS loss of $0.02 per share. By that measure, the company missed the mean analyst estimate of $-0.02. It missed the average revenue estimate of $13.3 million.

Key Stats (on next page)…

Revenue decreased 19.42% from $15.14 million in the previous quarter. EPS decreased to $-0.02 in the quarter versus EPS of $0.03 in the previous quarter.

Looking Forward: Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a loss of $0.05 to a loss $0.04. For the current year, the average estimate has moved up from a loss of $0.1 to a loss of $0.08 over the last ninety days.

Stocks with improving earnings metrics are worthy of your extra attention. In fact, “E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our CHEAT SHEET investing framework for this very reason. Don’t waste another minute – click here and get our CHEAT SHEET stock picks now.

(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)

More Articles About:   , , ,  

More from The Cheat Sheet