Diana Containerships Earnings: Everything You Must Know Now

Diana Containerships (NASDAQ:DCIX) had a loss and missed Wall Street’s expectations, BUT beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company.

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Diana Containerships Earnings Cheat Sheet

Results: Adjusted Earnings Per Share decreased to $-0.99 in the quarter versus EPS of $0.08 in the year-earlier quarter.

Revenue: Rose 21.29% to $15.1 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: Diana Containerships reported adjusted EPS loss of $0.99 per share. By that measure, the company missed the mean analyst estimate of $0.03. It beat the average revenue estimate of $14.9 million.

Quoting Management: There was no comment from management.

Key Stats (on next page)…

Revenue increased 3.14% from $14.64 million in the previous quarter. EPS decreased to $-0.99 in the quarter versus EPS of $0.01 in the previous quarter.

Looking Forward: Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.01 to a loss $0.02. For the current year, the average estimate has moved down from a profit of $0.01 to a loss of $0.10 over the last ninety days.

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