UK's Global Ship Lease rises after upbeat Q1 results

Global Ship Lease

16/05/2024 15:56

** U.S.-listed shares of Global Ship Lease  GSL.N  rise 2.3%
to $25.44 
    ** UK-based ship leasing co reports Q1 adj. profit of
$2.53/shr, above analysts' avg. est. of $2.27/shr - LSEG 
    ** Posts revenue of $179.60 mln, beating est. of $168.10 mln
 
    ** Three of 5 brokerages rate stock "buy" or higher, 2
"hold"; their median PT is $26.5 
    ** YTD, GSL is up 26.8%

 (Reporting by Abhinav Parmar in Bengaluru)
 ((Abhinav.parmar@thomsonreuters.com))