Global Ship Lease: Here’s What Investors Need to Know Before Earnings
Global Ship Lease (NYSE:GSL) will report earnings before markets open on Wednesday, August 14th. Global Ship Lease, Inc. leases container ships to liner shipping companies under long-term, fixed-rate timecharters.
Here is your Cheat Sheet to Global Ship Lease Earnings:
Earnings Expectations: Analysts expect earnings of $0.12 per share on revenues of $35.67 million. Currently, the company’s P/E ratio stands at 8.20.
Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $0.13 and has not changed. For the current year, the average estimate is a profit of $0.39, which is worse than the estimate ninety days ago.
Here’s how Global Ship Lease has been performing on an annual basis:
|Revenue ($) in millions||97||149||159||156||153|
|Diluted EPS ($)||-0.78||0.78||-0.08||0.19||0.67|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012||Mar. 31, 2013|
|Revenue ($) in millions||39.23||39.45||36.17||35.21|
|Diluted EPS ($)||0.16||0.18||0.17||0.15|
Global Ship Lease has beat analyst estimates 3 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.
“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!
(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)