Diana Shipping (NYSE: DSX ) is expected to report Q4 earnings on March 14. 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 revenues will drop -13.7% and EPS will shrink -64.0%.
The average estimate for revenue is $49.9 million. On the bottom line, the average EPS estimate is $0.09.
Last quarter, Diana Shipping reported revenue of $56.8 million. GAAP reported sales were 12% lower than the prior-year quarter's $64.6 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 $0.15. GAAP EPS of $0.15 for Q3 were 55% lower than the prior-year quarter's $0.33 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 68.3%, 510 basis points worse than the prior-year quarter. Operating margin was 29.2%, much worse than the prior-year quarter. Net margin was 21.6%, much worse than the prior-year quarter.
The full year's average estimate for revenue is $220.6 million. The average EPS estimate is $0.70.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 2,403 members out of 2,470 rating the stock outperform, and 67 members rating it underperform. Among 394 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 382 give Diana Shipping a green thumbs-up, and 12 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 $8.95.
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