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Diamond S Shipping: Q1 Earnings Insights

Shares of Diamond S Shipping (NYSE:DSSI) rose 8% in pre-market trading after the company reported Q1 results. Quarterly Results Earnings per share were up 2900.00% over the past year to $1.12, which beat the estimate of $0.83.

Benzinga · 05/08/2020 11:38

Shares of Diamond S Shipping (NYSE:DSSI) rose 8% in pre-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share were up 2900.00% over the past year to $1.12, which beat the estimate of $0.83.

Revenue of $209,725,000 rose by 104.30% from the same period last year, which beat the estimate of $151,960,000.

Guidance

Diamond S Shipping hasn't issued any earnings guidance for the time being.

Diamond S Shipping hasn't issued any revenue guidance for the time being.

Conference Call Details

Date: May 08, 2020

Webcast URL: https://app.webinar.net/pjqx36DMLr1

Price Action

Company's 52-week high was at $17.50

Company's 52-week low was at $8.62

Price action over last quarter: Up 17.94%

Company Description

Diamond S Shipping Inc provides seaborne transportation of crude oil and refined petroleum and other products in the international shipping markets. It is the owner and operator of modern medium range, or MR, product tankers. It operates through two reportable segments, Crude Tankers and Product Carriers.