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

Global Ship Lease

09/05/2022 15:08

* Global Ship Lease Inc  GSL.N  reported quarterly adjusted
earnings of $1.91​​ per share for the quarter ended in March.
The mean expectation of three analysts for the quarter was
for earnings of $1.91 per share.
    * Revenue rose 110.5% to $153.63 million from a year ago; 
analysts expected $148.40 million. 
    * Global Ship Lease Inc's reported EPS for the quarter was
$1.93​.
    * The mean earnings estimate of analysts had risen by
about 17.3%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Global Ship Lease Inc shares had fallen by 19.1% this
quarter and gained 0.6% so far this year.
    * The company reported quarterly net income of $70.18
million.
    * Wall Street's median 12-month price target for Global Ship
Lease
Inc is $35.00 
    * 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 May 9 at 02:08 p.m.  ​All
figures in US dollars unless otherwise stated