Global Ship Lease Inc expected to post earnings of 95 cents a share - Earnings Preview

Global Ship Lease

08/11/2021 17:58

* Global Ship Lease Inc  GSL.N   GSL  is expected to show a rise
in quarterly revenue when it reports  results on November 10. 
* The London, United Kingdom-based company is expected to report
 a 47.7% increase in revenue to $104.186 million from $70.52
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 95 cents per share. For the same quarter last
year, the company reported earnings of 44 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 $24.5​, about 6% above​ its last closing price
of $23.04. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 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. 31 2020  0.44        0.43       0.35      Missed  -18​
 Sep. 30 2020  0.38        0.38       0.44      Beat    15.8
 ​​Jun.        0.32        0.32       0.42      Beat    31.3
 30 2020                                                
 Mar. 31 2020  0.19        0.19       0.59      Beat    210.5​
 Dec. 31 2019  0.32        0.32       0.26      Missed  -18.7
 Sep. 30 2019  0.37        0.37       0.43      Beat    16.2
 This summary was machine generated November 8 at 17:58 GMT.  All
figures in US dollars unless otherwise stated