Global Ship Lease Inc expected to post earnings of $1.29 a share - Earnings Preview

Global Ship Lease

28/02/2022 13:52

* Global Ship Lease Inc  GSL.N   GSL  is expected to show a
rise
in quarterly revenue when it reports  results on March 2. 
    * The London United Kingdom-based   company is expected to
report 
a 78.6% increase in revenue to $124.996 million from $69.97
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Global Ship Lease
Inc is
for earnings of $1.29 per share. For the same quarter last year,
the company reported earnings of 35 cents per share.
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 4 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Global Ship
Lease
Inc is $32.5​, about 18.8% above​ its last closing price
of $26.38. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2021  0.94        0.95       1.74      Beat    83.1
 Jun. 30 2021  0.56        0.56       0.66      Beat    17.2
 Mar. 31 2021  0.45        0.45       0.33      Missed  -26.7​
 Dec. 31 2020  0.44        0.43       0.35      Missed  -18
 ​​Sep.        0.38        0.38       0.44      Beat    15.8
 30 2020                                                
 Jun. 30 2020  0.32        0.32       0.42      Beat    31.3​
 Mar. 31 2020  0.19        0.19       0.59      Beat    210.5
 Dec. 31 2019  0.32        0.32       0.26      Missed  -18.7
 This summary was machine generated February 28 at 13:52 GMT. 
All figures in US dollars  unless otherwise stated