The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Danaos' revenues will expand 24.0% and EPS will improve 50.0%.
The average estimate for revenue is $142.3 million. On the bottom line, the average EPS estimate is $0.18.
Last quarter, Danaos chalked up revenue of $134.2 million. GAAP reported sales were 36% higher than the prior-year quarter's $99.0 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.16. GAAP EPS of $0.09 for Q1 were 80% higher than the prior-year quarter's $0.05 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 74.5%, 520 basis points better than the prior-year quarter. Operating margin was 47.3%, 530 basis points better than the prior-year quarter. Net margin was 7.0%, 150 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $575.2 million. The average EPS estimate is $0.77.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 466 members rating the stock outperform and 17 members rating it underperform. Among 126 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 119 give Danaos a green thumbs-up, and seven give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Danaos is hold, with an average price target of $4.67.
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