|Bid||9.40 x 1000|
|Ask||13.48 x 800|
|Day's Range||11.32 - 12.36|
|52 Week Range||6.65 - 16.66|
|Beta (3Y Monthly)||1.04|
|PE Ratio (TTM)||18.18|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Danaos (DAC) delivered earnings and revenue surprises of 6.67% and 5.56%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
Danaos Corporation (NYSE: DAC), a lessor of container ships, has reported a sizable increase in quarterly profits and maintained that escalating trade tensions should not curb chartering demand. The company, which underwent a major debt restructuring that was concluded in August 2018, reported net income of $33.4 million for the first quarter of 2019, compared to net income of $15 million in the same period in 2018. Adjusted net income, excluding non-cash items, came in at $38.6 million, up 38 percent year-on-year.
On a per-share basis, the Piraeus, Greece-based company said it had net income of $2.19. Earnings, adjusted for amortization costs, came to $2.53 per share. The shipping company posted revenue of $112.9 ...
Danaos (DAC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank 1 (Strong Buy).
PIRAEUS, Greece (AP) _ Danaos Corp. (DAC) on Tuesday reported a fourth-quarter loss of $181 million, after reporting a profit in the same period a year earlier. The Piraeus, Greece-based company said it had a loss of 87 cents per share. The shipping company posted revenue of $115.6 million in the period.
The Piraeus, Greece-based company said it had net income of 77 cents per share. Earnings, adjusted for non-recurring gains, came to 23 cents per share. The shipping company posted revenue of $117.8 million ...
If you own shares in Danaos Corporation (NYSE:DAC) then it’s worth thinking about how it contributes to the volatility of your portfolio, overall. In finance, Beta is a measure of Read More...
If you want to know who really controls Danaos Corporation (NYSE:DAC), then you’ll have to look at the makeup of its share registry. Large companies usually have institutions as shareholders, Read More...