Shares of Global Ship Lease (NYSE:GSL) moved higher by 0.3% in pre-market trading after the company reported Q1 results.
Earnings per share fell 16.95% year over year to $0.49, which missed the estimate of $0.51.
Revenue of $72,980,000 up by 2.87% year over year, which beat the estimate of $70,690,000.
Earnings guidance hasn't been issued by the company for now.
Global Ship Lease hasn't issued any revenue guidance for the time being.
How To Listen To The Conference Call
Date: May 10, 2021
Time: 10:30 AM
ET Webcast URL: https://edge.media-server.com/mmc/p/ttmc4ngh
52-week high: $17.85
Company's 52-week low was at $3.70
Price action over last quarter: Up 18.05%
Global Ship Lease Inc operates in the container shipping industry. The company owns and charters out containerships under long-term, fixed-rate charters to container liner companies. The majority of the company's revenues are derived from charters to CMA CGM. Its fleet consisted of more than 40 containerships.