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.

Analyst Trends:

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.

Earnings Trends:

Here’s how Global Ship Lease has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
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

Past Performance:
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)