The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Danaos's revenues will drop -3.2% and EPS will drop -33.3%.
The average estimate for revenue is $142.0 million. On the bottom line, the average EPS estimate is $0.10.
Last quarter, Danaos recorded revenue of $146.1 million. GAAP reported sales were 8.8% higher than the prior-year quarter's $134.2 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 $0.13. GAAP EPS of $0.12 for Q1 were 33% higher than the prior-year quarter's $0.09 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 76.7%, 220 basis points better than the prior-year quarter. Operating margin was 50.0%, 270 basis points better than the prior-year quarter. Net margin was 9.2%, 220 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $576.0 million. The average EPS estimate is $0.50.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 438 members out of 454 rating the stock outperform, and 16 members rating it underperform. Among 114 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 107 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 outperform, with an average price target of $4.33.
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