Diana Shipping inc. (NYSE:DSX) is reporting third quarter financial results on Monday 23rd November 2020, before market open.
According to analysts surveyed by Thomson Reuters, DSX is expected to report 3Q20 loss of $ 0.08 per share from revenue of $ 41.16 million.
For the full year, analysts anticipate top line of $ 161.81 million, while looking forward to loss of $ 0.38 per share bottom line.
Previous Quarter Performance
Diana Shipping inc. outlined loss for the second quarter of $ 0.14 per share, from the revenue of $ 40.98 million. According to street consensus, DSX was expected to report 2Q20 loss of $ 0.08 per share from revenue of $ 40.79 million. The bottom line results missed street analysts by $ 0.06 or 75 percent, at the same time, top line results outshined analysts by $ 0.19 million or 0.47 percent.
Stock Performance
Shares of Diana Shipping inc. traded up $ 0.04 or 2.37 percent on Friday, reaching $ 1.73 with volume of 219.90 thousand shares. Diana Shipping inc. has traded high as $ 1.76 and has cracked $ 1.67 on the downward trend
According to the previous trading day, closing price of $ 1.73, representing a 35.20 % increase from the 52 week low of $ 1.25 and a 51.99 % decrease over the 52 week high of $ 3.52.
The company has a market capital of $ 154.45 million and is part of the Industrials sector and Shipping & Ports industry.
Recent Analyst recommendations
- On 19th October 2020, maintained by Stifel Nicolaus at Hold rating, with $ 2.25 target price.
Conference Call
Diana Shipping inc. will be hosting a conference call at 9:00 AM eastern time on 23rd November 2020, to discuss its 3Q20 financial results with the investment community. The participants may dial, 1-877-407-8291 U.S. or 1-201-689-8345 Outside U.S. 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.dianashippinginc.com
Diana Shipping Inc. provides shipping transportation services. The company transports a range of dry bulk cargoes, including commodities, such as iron ore, coal, grain, and other materials in shipping routes through its ownership of dry bulk vessels worldwide.
