Danaos (DAC) Q3 Earnings Miss Estimates
Portfolio Pulse from
Danaos Corporation (DAC) reported Q3 earnings of $6.50 per share, missing the Zacks Consensus Estimate of $6.86 and down from $7.26 a year ago.
November 12, 2024 | 3:15 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Danaos Corporation reported Q3 earnings of $6.50 per share, which is below the Zacks Consensus Estimate of $6.86 and also lower than the $7.26 per share reported a year ago.
The earnings miss indicates potential challenges for Danaos, as the reported earnings per share are lower than both the analyst expectations and the previous year's performance. This could lead to a negative short-term impact on the stock price as investors react to the underperformance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100