Global Ship Lease Inc expected to post earnings of 45  cents a share - Earnings Preview

Global Ship Lease

07/05/2021 15:08

* Global Ship Lease Inc  GSL.N   GSL  is expected to show a fall
in quarterly revenue when it reports results on May 10 .
* The London, United Kingdom-based company is expected to report
  a 0.4% decrease in revenue to $70.689 million from $70.95
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 45 cents per share. For the same quarter last
year, the company reported earnings of 59 cents per share.
* The current average analyst rating on the shares is "strong
buy" and the breakdown of recommendations is 3 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts had fallen by
about 6.2% in the last three months. ​
* Wall Street's median 12-month price target for Global Ship
Lease Inc is $18​, about 19.5% above​ its last closing price
of $14.49. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Dec. 31 2020  0.44        0.43       0.35      Missed  -18
 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
 Dec.          0.32​       0.32       0.26      Missed  -18.7​
 31​ 2019​                                              
 Sep. 30 2019  0.37        0.37       0.43      Beat    16.2​
 Jun. 30 2019  0.36        0.36       0.38      Beat    5.6
 This summary was machine generated May 7 at 14:08 GMT.  All
figures in US dollars unless otherwise stated