Global Ship Lease Inc expected to post earnings of $2.27 a share - Earnings Preview

Global Ship Lease

06/05/2024 08:02

* Global Ship Lease Inc  GSL.N   GSL  is expected to show a
rise
in quarterly revenue when it reports  results on May 8
(estimated) for the period ending March 31 2024
    * The London United Kingdom-based   company is expected to
report
a 5.5% increase in revenue to $168.062 million from $159.29
million a year ago, according to the mean estimate from 2
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Global Ship Lease Inc is
for
earnings of $2.27 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 2
"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 $26.50​, above​ its last closing price of $23.14. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  2.35        2.35       2.49      Beat    6
 Sep. 30 2023  2.16        2.15       2.33      Beat    8.5
 Jun. 30 2023  2.09        2.08       2.09      Beat    0.6​
 Mar. 31 2023  2.09        2.03       2.12      Beat    4.2
 ​​Dec.        1.57        1.68       2.14      Beat    27.3
 31 2022                                                
 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. 31 2022  1.93        1.91       1.91      Met     0.2
 This summary was machine generated May 6 at 07:02 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)