The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Danaos's revenues will grow 17.6% and EPS will expand 6.3%.
The average estimate for revenue is $148.2 million. On the bottom line, the average EPS estimate is $0.17.
Last quarter, Danaos booked revenue of $146.7 million. GAAP reported sales were 28% higher than the prior-year quarter's $114.8 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 $0.15. GAAP EPS of $0.08 for Q2 were much higher than the prior-year quarter's $0.00 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 75.3%, 420 basis points better than the prior-year quarter. Operating margin was 47.7%, 330 basis points better than the prior-year quarter. Net margin was 6.1%, 630 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $575.4 million. The average EPS estimate is $0.66.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 458 members out of 475 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 $4.50.
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