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GSL — Global Ship Lease News Story

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

* Global Ship Lease Inc  GSL.N  reported quarterly adjusted
earnings of 33 cents​​ per share for the quarter ended in March.
The mean expectation of three analysts for the quarter was
for earnings of 45 cents per share.
* Revenue rose 2.9% to $72.98 million from a year ago​; 
analysts expected $70.69 million.
* Global Ship Lease Inc's reported EPS for the quarter was 11
cents​.
* The mean earnings estimate of analysts had fallen by
about 9.1% in the last three months.​ 
* In the last 30 days one analyst negatively revised an earnings
estimate 
* Global Ship Lease Inc shares had risen by 5.7% this
quarter and gained 25.3% so far this year.
* The company reported quarterly net income of $4.16 million.
* Wall Street's median 12-month price target for Global Ship
Lease Inc is $18.00 
* 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." 
This summary was machine generated May 10 at 05:43 p.m. GMT.
​All figures in $

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