Global Ship Lease Inc expected to post earnings of $1.91 a share - Earnings Preview

Global Ship Lease

06/05/2022 19:33

* Global Ship Lease Inc  GSL.N   GSL  is expected to show a
rise
in quarterly revenue when it reports  results on May 9. 
    * The London United Kingdom-based   company is expected to
report 
a 103.3% increase in revenue to $148.402 million from $72.98
million a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Global Ship Lease
Inc is
for earnings of $1.91 per share. For the same quarter last year,
the company reported earnings of 33 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 $35​, above​ its last closing price of $23.46. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 30 2021  0.56        0.56       0.66      Beat    17.2​
 Mar. 31 2021  0.45        0.45       0.33      Missed  -26.7
 ​​Dec.        0.44        0.43       0.35      Missed  -18
 31 2020                                                
 Sep. 30 2020  0.38        0.38       0.44      Beat    15.8​
 Jun. 30 2020  0.32        0.32       0.42      Beat    31.3
 Mar. 31 2020  0.19        0.19       0.59      Beat    210.5
 This summary was machine generated May 6 at 18:33 GMT.  All
figures in US dollars  unless otherwise stated