Diana Shipping (NYSE: DSX ) is expected to report Q2 earnings on Aug. 2. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Diana Shipping's revenue will drop 14.7% and EPS will wane 44.1%.
The average estimate for revenue is $55.3 million. On the bottom line, the average EPS estimate is $0.19.
Last quarter, Diana Shipping logged revenue of $58.2 million. GAAP reported sales were 16% lower than the prior-year quarter's $69.6 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, EPS came in at $0.25. GAAP EPS of $0.25 for Q1 were 39% lower than the prior-year quarter's $0.41 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 71.1%, 690 basis points worse than the prior-year quarter. Operating margin was 35.5%, 1,370 basis points worse than the prior-year quarter. Net margin was 34.3%, 1,330 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $217.9 million. The average EPS estimate is $0.71.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 2,442 members out of 2,512 rating the stock outperform, and 70 members rating it underperform. Among 400 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 383 give Diana Shipping a green thumbs-up, and 17 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Diana Shipping is outperform, with an average price target of $9.75.
Over the decades, small-cap stocks like Diana Shipping have provided market-beating returns, provided they're value-priced and have solid businesses. Read about a pair of companies with a lock on their markets in "Too Small to Fail: Two Small Caps the Government Won't Let Go Broke." Click here for instant access to this free report.