Diana Shipping Earnings: What Investors Should Watch
Diana Shipping (NYSE:DSX) will report earnings before markets open on Wednesday, May 22nd. Diana Shipping Inc. owns and operates a fleet of dry bulk carriers. The company transports iron ore, grain and other dry cargoes along worldwide shipping routes.
Here is your Cheat Sheet to Diana Shipping Earnings:
Earnings Expectations: Analysts expect earnings of $-0.03 per share on revenues of $41.54 million. Currently, the company’s P/E ratio stands at 15.10.
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 loss of $0.04 to a loss $0.07. For the current year, the average estimate is a loss of $0.22, which is worse than the estimate ninety days ago.
Here’s how Diana Shipping has been performing on an annual basis:
|Revenue ($) in millions||337.39||239.34||275.45||256.79||223.23|
|Diluted EPS ($)||2.97||1.55||1.59||1.33||0.67|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Dec. 31, 2011||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||57.73||58.17||58.20||56.83||50.03|
|Diluted EPS ($)||0.2491||0.25||0.21||0.15||0.0621|
Diana Shipping has beat analyst estimates 3 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)