Global Ship Lease Inc reports results for the quarter ended in December - Earnings Summary

Global Ship Lease

01/03/2023 14:37

* Global Ship Lease Inc  GSL.N  reported quarterly adjusted
earnings of $2.14​​ per share for the quarter ended in December.
The mean expectation of three analysts for the quarter was
for earnings of $1.68 per share.
    * Revenue rose 7.5% to $165.02 million from a year ago;
analysts
expected $143.95 million. 
    * Global Ship Lease Inc's reported EPS for the quarter was
$2.01​.
    * The mean earnings estimate of analysts had fallen by
about 13%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * Global Ship Lease Inc shares had risen by 16.4% this
quarter.
    * The company reported quarterly net income of $72.62
million.
    * Wall Street's median 12-month price target for Global Ship
Lease
Inc is $32.50 
    * 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." 

This summary was machine generated from Refinitiv data March 1
at 02:37 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      1.68           2.14           Beat
 Sep. 30 2022      1.85           2.38           Beat
 Jun. 30 2022      1.78           1.85           Beat
 Mar. 31 2022      1.91           1.91           Met