|Bid||19.66 x 800|
|Ask||20.23 x 1200|
|Day's Range||19.29 - 20.03|
|52 Week Range||14.62 - 30.02|
|Beta (5Y Monthly)||1.79|
|PE Ratio (TTM)||2.99|
|Earnings Date||Aug 04, 2022|
|Forward Dividend & Yield||1.50 (7.65%)|
|Ex-Dividend Date||May 23, 2022|
|1y Target Est||31.25|
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At this time, I would like to welcome everyone to the Global Ship Lease second quarter 2022 earnings conference call. Slides 2 and 3 of that presentation, I remind you that today's call may include forward-looking statements that are based on current expectations and assumptions and are, by their nature, inherently uncertain and outside of the company's control.
Global Ship Lease Inc (NYSE: GSL) reported second-quarter operating revenue growth of 86.4% year-over-year to $154.46 million, beating the consensus of $145.34 million. The operating income increased to $84.77 million (+86.7% Y/Y), and the margin expanded 10 bps to 54.9% Adjusted EBITDA improved by 92.6% Y/Y to $95.33 million, and margin expanded by 198 bps to 61.7%. Utilization for the quarter was 95.5% compared to 94.9% in the same period of the prior year. Time charter and voyage expenses wer
Global Ship Lease (GSL) delivered earnings and revenue surprises of 5.11% and 7.49%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?