News for 'DRYS' - (DryShips Warns EPS Below Estimates)
Jan 22, 2009 (EarningsWhispers Guidance Summaries via Comtex) -- DryShips Inc. (NASDAQ: DRYS) said it expects fourth quarter earnings of $0.63 to $0.71 per share. The current consensus earnings estimate is $1.26 per share for the quarter ending December 31, 2008.
This earnings guidance summary was provided by EarningsWhispers, a leading provider of earnings expectations - including corporate guidance announcements and analysts' expectations that differ from published estimates. http://www.earningswhispers.com
I think now we may see the difference between NM and DRYS. NM already affirmed keeping the .06 dividend going forward into 2009.
The only bad thing is DRYS and GNK post earnings before NM. If they post bad numbers it could rag us down with them. I think NM's numbers won't be nearly as bad as the rest of the sector, but thats just my opinion.