Danaos (NYSE:DAC) reported its Q4 earnings results on Tuesday, February 13, 2024 at 04:30 PM.
Here's what investors need to know about the announcement.
Earnings
Danaos missed estimated earnings by 10.15%, reporting an EPS of $6.99 versus an estimate of $7.78.
Revenue was down $3.17 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.1 which was followed by a 6.47% increase in the share price the next day.
Here's a look at Danaos's past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | 7.36 | 6.67 | 5.89 | 7.24 |
| EPS Actual | 7.26 | 7.14 | 7.14 | 6.99 |
| Revenue Estimate | 234.25M | 225.75M | 209.71M | 242.64M |
| Revenue Actual | 239.22M | 241.48M | 243.57M | 252.48M |
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.