Global Ship Lease Q2 EPS $2.09 Beats $2.08 Estimate, Sales $162.08M Beat $158.18M Estimate
Portfolio Pulse from Happy Mohamed
Global Ship Lease (NYSE:GSL) reported Q2 earnings of $2.09 per share, beating the analyst consensus estimate of $2.08 by 0.48 percent. This is a 12.97 percent increase from the same period last year. The company also reported quarterly sales of $162.08 million, beating the analyst consensus estimate of $158.18 million by 2.47 percent, a 4.94 percent increase from last year.
August 04, 2023 | 1:09 pm
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POSITIVE IMPACT
Global Ship Lease reported better than expected Q2 earnings and sales, which could positively impact its stock price.
Global Ship Lease reported a higher than expected earnings per share and sales for Q2. This positive financial performance could lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100