Global Ship Lease Inc expected to post earnings of $2.08 a share - Earnings Preview

Global Ship Lease

01/08/2023 19:35

* Global Ship Lease Inc  GSL.N   GSL  is expected to show a
rise
in quarterly revenue when it reports  results on August 3. 
    * The London United Kingdom-based   company is expected to
report 
a 2.9% increase in revenue to $158.927 million from $154.46
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 $2.08 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 $25​, above​ its last closing price of $21.46. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  2.09        2.03       2.12      Beat    4.2
 Dec. 31 2023  1.57        1.68       2.14      Beat    27.3
 Sep. 30 2022  1.91        1.85       2.38      Beat    28.4​
 Jun. 30 2022  1.78        1.78       1.85      Beat    3.7
 ​​Mar.        1.93        1.91       1.91      Met     0.2
 31 2022                                                
 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
 This summary was machine generated August 1 at 18:35 GMT.  All
figures in US dollars  unless otherwise stated