Diamond S Shipping Inc. (NYSE:DSSI) is expected to report third quarter earnings results, before market open, on Monday 16th November 2020.
Analysts polled by Thomson Reuters anticipate third quarter loss of $ 0.21 per share.
Looking ahead, the full year income are expected at $ 2.06 per share on the revenues of $ 675.87 million.
Previous Quarter Performance
Diamond S Shipping Inc. reported income for the second quarter of $ 1.14 per share, from the revenue of $ 183.55 million. The consensus estimates are income of $ 1.31 per share from $ 175.13 million in revenue. The bottom line results missed street analysts by $ 0.17 or 12.98 percent, at the same time, top line results outshined analysts by $ 8.42 million or 4.81 percent.
Stock Performance
On Friday, shares of Diamond S Shipping Inc. has traded high as $ 6.19 and has cracked $ 5.87 on the downward trend, reaching $ 6.11 with volume of 230.20 thousand shares.
According to the previous trading day, closing price of $ 6.11, representing a 10.36 % increase from the 52 week low of $ 5.31 and a 66.51 % decrease over the 52 week high of $ 17.50.
The company has a market capital of $ 247.09 million and is part of the Industrials sector and Shipping & Ports industry.
Recent Analyst recommendations
- On 19th October 2020, maintained by Stifel Nicolaus at Buy rating, with $ 14.00 target price.
Conference Call
Diamond S Shipping Inc. will be hosting a conference call at 8:00 AM eastern time on 16th November 2020, to discuss its 3Q20 financial results with the investment community. The participants may dial, +1 866 211-4137 U.S. or +1 647 689-6723 Outside U.S., and the passcode is 6646328 in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website www.diamondsshipping.com
Diamond S Shipping Inc. operates as a shipping company. The company operates through two segments, Crude Tankers and Product Tankers.