Diamond S Shipping (DSSI) Issues Earnings Results, Misses Expectations By $0.01 EPS
Diamond S Shipping (NYSE:DSSI) released its quarterly earnings data on Tuesday. The company reported ($0.04) EPS for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.01), MarketWatch Earnings reports. The company had revenue of $102.66 million for the quarter, compared to analysts’ expectations of $144.85 million.
Shares of NYSE DSSI traded down $0.09 on Wednesday, hitting $13.38. The company’s stock had a trading volume of 66 shares, compared to its average volume of 121,942. Diamond S Shipping has a 12-month low of $9.60 and a 12-month high of $14.26.
Several analysts have issued reports on the stock. Clarkson Capital assumed coverage on shares of Diamond S Shipping in a report on Tuesday, April 9th. They issued a “buy” rating and a $25.00 price target on the stock. B. Riley assumed coverage on shares of Diamond S Shipping in a report on Thursday, April 4th. They issued a “buy” rating and a $16.00 price target on the stock.
Diamond S Shipping Company Profile
Diamond S Shipping Inc operates as a shipping company. The company operates through two segments, Crude Tankers and Product Tankers. It provides seaborne transportation of crude oil, refined petroleum, and other production. As of March 28, 2019, it owned and operated a fleet of 68 vessels, including 15 Suezmax vessels, 1 Aframax, and 52 medium-range product tankers.
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