Diana Shipping DSX is preparing to release its quarterly earnings on Monday, 2024-11-25. Here's a brief overview of what investors should keep in mind before the announcement.
Analysts expect Diana Shipping to report an earnings per share (EPS) of $0.09.
The announcement from Diana Shipping is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.
It's worth noting for new investors that guidance can be a key determinant of stock price movements.
Earnings History Snapshot
During the last quarter, the company reported an EPS missed by $0.14, leading to a 0.79% drop in the share price on the subsequent day.
Here's a look at Diana Shipping's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | 0.10 | 0.03 | 0.04 | 0.07 |
| EPS Actual | -0.04 | 0.01 | 0.06 | 0.06 |
| Price Change % | -1.0% | -1.0% | 1.0% | 3.0% |
Stock Performance
Shares of Diana Shipping were trading at $2.1 as of November 21. Over the last 52-week period, shares are down 35.5%. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release.
To track all earnings releases for Diana Shipping visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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