Diana Shipping Q3 profit beats estimates on vessel sales

Diana Shipping

20/11/2025 13:40

Overview

Diana Shipping Q3 net income rises, beating analyst expectations

Adjusted EPS for Q3 beats consensus, reaching $0.05

Time charter revenues decline due to vessel sales

Result Drivers

VESSEL SALES - Decrease in time charter revenues attributed to sale of vessels

GAIN ON VESSEL SALES - Net income boosted by gains from vessel sales

DIVIDEND DECLARATION - Co declares cash dividend based on Q3 results

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Time Charter Revenue
$51.86 mln
Q3 EPS
Beat
$0.05
$0.01 (2 Analysts)
Q3 Net Income
Beat
$7.16 mln
$1.40 mln (2 Analysts)
Q3 Basic EPS
$0.05
Q3 Operating Income
$10.90 mln
Q3 Vessel Operating Expenses
$20.002 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the marine freight & logistics peer group is "buy"

Wall Street's median 12-month price target for Diana Shipping Inc is $2.80, about 37.1% above its November 19 closing price of $1.76

The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 9 three months ago

Press Release: ID:nGNX57wrst

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)