Diana Shipping Q1 2024 GAAP EPS $0.01 Misses $0.02 Estimate, Sales $57.648M Down From $72.640M YoY
Portfolio Pulse from Benzinga Newsdesk
Diana Shipping (NYSE:DSX) reported Q1 2024 earnings per share of $0.01, missing the analyst consensus estimate of $0.02. The company also reported a 20.64% year-over-year decrease in sales, from $72.640 million to $57.648 million.
May 28, 2024 | 12:47 pm
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Diana Shipping reported Q1 2024 earnings per share of $0.01, missing the analyst consensus estimate of $0.02. The company also reported a 20.64% year-over-year decrease in sales, from $72.640 million to $57.648 million.
The significant miss on earnings per share and the substantial year-over-year decline in sales are likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100