Shares of Diana Shipping (NYSE:DSX) fell 1.4% in pre-market trading after the company reported Q1 results.
Earnings per share decreased 316.67% year over year to ($0.13), which missed the estimate of ($0.05).
Revenue of $43,760,000 declined by 27.43% from the same period last year, which missed the estimate of $44,480,000.
Earnings guidance hasn't been issued by the company for now.
Revenue guidance hasn't been issued by the company for now.
Details Of The Call
Date: May 14, 2020
Time: 08:41 PM ET
Recent Stock Performance
52-week high: $4.15
Company's 52-week low was at $1.25
Price action over last quarter: down 40.51%
Diana Shipping Inc provides shipping transportation services. The company, through its subsidiaries, operates a fleet of vessels consisting of dry bulk carriers such as Panamax, Kamsarmax, Post-Panamax, Capesize and Newcastlemax vessels. Using this fleet, the firm provides transportation services for various goods including coal, iron ore, and grains. It also transports minor bulks, including steel products, cement, and fertilizers through its dry bulk carrier vessels.