Global Ship Lease Inc expected to post earnings of $1.85 a share - Earnings Preview

Global Ship Lease

07/11/2022 15:26

* Global Ship Lease Inc  GSL.N   GSL  is expected to show a
rise
in quarterly revenue when it reports  results on November 9. 
    * The London United Kingdom-based   company is expected to
report 
a 7.6% increase in revenue to $149.167 million from $138.57
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 $1.85 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​, above​ its last closing price of $17.73. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2022  1.78        1.78       1.85      Beat    3.7
 Mar. 31 2022  1.93        1.91       1.91      Met     0.2
 Dec. 31 2021  1.30        1.29       1.84      Beat    42.6​
 Sep. 30 2021  0.94        0.95       1.74      Beat    83.1
 ​​Jun.        0.56        0.56       0.66      Beat    17.2
 30 2021                                                
 Mar. 31 2021  0.45        0.45       0.33      Missed  -26.7​
 Dec. 31 2020  0.44        0.43       0.35      Missed  -18
 Sep. 30 2020  0.38        0.38       0.44      Beat    15.8
 This summary was machine generated November 7 at 15:26 GMT.  All
figures in US dollars  unless otherwise stated