Recap: Danaos Q1 Earnings

Danaos DAC reported its Q1 earnings results on Monday, May 15, 2023 at 04:30 PM.

Here's what investors need to know about the announcement.

Earnings

Danaos beat estimated earnings by 21.22%, reporting an EPS of $7.14 versus an estimate of $5.89.

Revenue was up $13.67 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.25 which was followed by a 3.17% drop in the share price the next day.

To track all earnings releases for Danaos visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.