Global Ship Lease, Inc. owns and charters containerships of various sizes under fixed-rate charters to container shipping companies. As of March 10, 2021, it owned 43 mid-sized and smaller containerships with an aggregate capacity of 245,280 twenty-foot equivalent units. The company is based in London, the United Kingdom.
IPO Year:
Exchange: NYSE
Website: globalshiplease.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
11/14/2024 | $27.00 | Buy → Neutral | Clarksons Platou |
8/8/2024 | Neutral → Buy | Clarksons Platou | |
7/21/2022 | $22.00 | Buy | Jefferies |
11/10/2021 | $26.00 → $32.00 | Buy | Jefferies |
7/16/2021 | $23.00 | Buy | Deutsche Bank |
Forward contract cover locked in for 76% of 2025 days and 49% of 2026 days, and breakevens reduced to enhance through-cycle profitability and cashflow generation, supporting annualized dividend of $1.80 while also positioning for selective fleet renewal and growth ATHENS, Greece, Nov. 11, 2024 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the "Company", "Global Ship Lease" or "GSL"), an owner of containerships, announced today its unaudited results for the three and nine months ended September 30, 2024. Third Quarter of 2024 and Year to Date Highlights - Reported operating revenue of $174.1 million for the third quarter of 2024, a decrease of 0.2% on operating revenue of $174.
ATHENS, Greece, Oct. 28, 2024 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the "Company"), a containership charter owner, announced today that it will hold a conference call to discuss the Company's results for the third quarter 2024 on Monday, November 11, 2024 at 10:30 a.m. Eastern Time. The Company will issue financial results for the third quarter 2024 on Monday, November 11, 2024 before the open of market trading. What:Third Quarter 2024 Conference Call and Webcast When:Monday, November 11, 2024 at 10:30 a.m. Eastern Time Where:There are two ways to access the conference call: Dial-in: (646) 307-1963 or (800) 715-9871; Event ID: 2474206Please dial in at least 10 min
ATHENS, Greece, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the "Company"), a containership charter owner, announced today that the Company's Board of Directors has declared a cash dividend of $0.546875 per depositary share, each representing a 1/100th interest in a share of its 8.75% Series B Cumulative Redeemable Perpetual Preferred Shares (the "Series B Preferred Shares") (NYSE:GSLPRB). The dividend represents payment for the period from July 1, 2024 to September 30, 2024 and will be paid on October 1, 2024 to all Series B Preferred Shareholders of record as of September 24, 2024. About Global Ship Lease Global Ship Lease is a leading independent owner of co
ATHENS, Aug. 12, 2024 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the "Company" or "GSL"), a containership charter owner, announced today the establishment of a $300 million senior secured term loan facility (the "New Facility") to enable a comprehensive refinancing and streamlining of certain of its outstanding debt facilities on significantly improved terms. The New Facility, which is with lenders Credit Agricole Corporate and Investment Bank, ABN AMRO Bank N.V. and Bank of America N.A., matures in the third quarter of 2030 and has an interest rate of Term SOFR plus a margin of 1.85%, benefiting from the Company's existing 0.64% SOFR caps through the end of 2026. The New Faci
ATHENS, GREECE, Aug. 05, 2024 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the "Company", "Global Ship Lease" or "GSL"), an owner of containerships, announced today its unaudited results for the three and six month periods ended June 30, 2024. Second Quarter of 2024 and Year to Date Highlights - Reported operating revenue of $175.0 million for the second quarter of 2024, an increase of 8.0% on operating revenue of $162.1 million for the prior year period. For the six months ended June 30, 2024, operating revenue was $354.6 million, up 10.3% from $321.4 million in first half of 2023. - Reported net income available to common shareholders of $85.6 million for the second quarter
ATHENS, Greece, July 22, 2024 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the "Company"), a containership charter owner, announced today that it will hold a conference call to discuss the Company's results for the second quarter 2024 on Monday, August 5, 2024 at 10:30 a.m. Eastern Time. The Company will issue financial results for the second quarter 2024 on Monday, August 5, 2024 before the open of market trading. What:Second Quarter 2024 Conference Call and Webcast When:Monday, August 5, 2024 at 10:30 a.m. Eastern Time Where:There are two ways to access the conference call: Dial-in: (646) 307-1963 or (800) 715-9871; Event ID: 3980617Please dial in at least 10 minutes prior
ATHENS, Greece, June 26, 2024 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the "Company" or "GSL") announced today several recent updates by three leading credit rating agencies. The Company's Corporate Family Rating has been upgraded to Ba2 from Ba3, with a stable outlook, by Moody's Investor Service ("Moody's"). In addition, S&P Global Ratings ("S&P") upgraded the Company's long-term issuer credit rating to BB+ from BB, with a stable outlook, and the Kroll Bond Rating Agency ("KBRA") upgraded the Company's corporate rating to BB+ from BB, maintaining its stable outlook. KBRA also affirmed the BBB/stable investment grade rating and outlook for GSL's 5.69% Senior Secured Notes d
ATHENS, Greece, June 17, 2024 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the "Company" or "GSL") today announced that its 2024 Annual Meeting of Shareholders was duly held on June 17, 2024, in Athens, Greece (the "Annual Meeting"). At the Annual Meeting, the shareholders of the Company (i) re-elected each of three directors, Yoram Neugeborn, Ulrike Helfer and Alain Pitner, to serve until the Company's 2027 Annual Meeting of Shareholders and until such time as his successor has been duly elected and qualified, and (ii) ratified the appointment of PricewaterhouseCoopers S.A. as the Company's independent public accounting firm for the fiscal year ending December 31, 2024. About
ATHENS, June 06, 2024 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the "Company"), a containership charter owner, announced today that the Company's Board of Directors has declared a cash dividend of $0.546875 per depositary share, each representing a 1/100th interest in a share of its 8.75% Series B Cumulative Redeemable Perpetual Preferred Shares (the "Series B Preferred Shares") (NYSE:GSLPRB). The dividend represents payment for the period from April 1, 2024 to June 30, 2024 and will be paid on July 1, 2024 to all Series B Preferred Shareholders of record as of June 24, 2024. About Global Ship Lease Global Ship Lease is a leading independent owner of containerships with a d
Quarterly supplemental dividends of $0.075 per share represent a 20% increase in dividend payments to common shareholders Increased dividend payments reflect material outperformance of containership charter markets ATHENS, Greece, May 28, 2024 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the "Company"), a containership charter owner, today announced the introduction of a quarterly supplemental dividend to common shareholders. Recent containership charter market strength is enabling Global Ship Lease to secure higher-than-anticipated cashflows from time charters with longer-than-anticipated durations. As a result, in addition to the sustainable dividend of $0.375 per Class A c
6-K - Global Ship Lease, Inc. (0001430725) (Filer)
S-8 POS - Global Ship Lease, Inc. (0001430725) (Filer)
6-K - Global Ship Lease, Inc. (0001430725) (Filer)
6-K - Global Ship Lease, Inc. (0001430725) (Filer)
424B5 - Global Ship Lease, Inc. (0001430725) (Filer)
6-K - Global Ship Lease, Inc. (0001430725) (Filer)
6-K - Global Ship Lease, Inc. (0001430725) (Filer)
6-K - Global Ship Lease, Inc. (0001430725) (Filer)
6-K - Global Ship Lease, Inc. (0001430725) (Filer)
6-K - Global Ship Lease, Inc. (0001430725) (Filer)
Forward contract cover locked in for 76% of 2025 days and 49% of 2026 days, and breakevens reduced to enhance through-cycle profitability and cashflow generation, supporting annualized dividend of $1.80 while also positioning for selective fleet renewal and growth ATHENS, Greece, Nov. 11, 2024 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the "Company", "Global Ship Lease" or "GSL"), an owner of containerships, announced today its unaudited results for the three and nine months ended September 30, 2024. Third Quarter of 2024 and Year to Date Highlights - Reported operating revenue of $174.1 million for the third quarter of 2024, a decrease of 0.2% on operating revenue of $174.
ATHENS, Greece, Oct. 28, 2024 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the "Company"), a containership charter owner, announced today that it will hold a conference call to discuss the Company's results for the third quarter 2024 on Monday, November 11, 2024 at 10:30 a.m. Eastern Time. The Company will issue financial results for the third quarter 2024 on Monday, November 11, 2024 before the open of market trading. What:Third Quarter 2024 Conference Call and Webcast When:Monday, November 11, 2024 at 10:30 a.m. Eastern Time Where:There are two ways to access the conference call: Dial-in: (646) 307-1963 or (800) 715-9871; Event ID: 2474206Please dial in at least 10 min
ATHENS, Greece, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the "Company"), a containership charter owner, announced today that the Company's Board of Directors has declared a cash dividend of $0.546875 per depositary share, each representing a 1/100th interest in a share of its 8.75% Series B Cumulative Redeemable Perpetual Preferred Shares (the "Series B Preferred Shares") (NYSE:GSLPRB). The dividend represents payment for the period from July 1, 2024 to September 30, 2024 and will be paid on October 1, 2024 to all Series B Preferred Shareholders of record as of September 24, 2024. About Global Ship Lease Global Ship Lease is a leading independent owner of co
ATHENS, GREECE, Aug. 05, 2024 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the "Company", "Global Ship Lease" or "GSL"), an owner of containerships, announced today its unaudited results for the three and six month periods ended June 30, 2024. Second Quarter of 2024 and Year to Date Highlights - Reported operating revenue of $175.0 million for the second quarter of 2024, an increase of 8.0% on operating revenue of $162.1 million for the prior year period. For the six months ended June 30, 2024, operating revenue was $354.6 million, up 10.3% from $321.4 million in first half of 2023. - Reported net income available to common shareholders of $85.6 million for the second quarter
ATHENS, Greece, July 22, 2024 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the "Company"), a containership charter owner, announced today that it will hold a conference call to discuss the Company's results for the second quarter 2024 on Monday, August 5, 2024 at 10:30 a.m. Eastern Time. The Company will issue financial results for the second quarter 2024 on Monday, August 5, 2024 before the open of market trading. What:Second Quarter 2024 Conference Call and Webcast When:Monday, August 5, 2024 at 10:30 a.m. Eastern Time Where:There are two ways to access the conference call: Dial-in: (646) 307-1963 or (800) 715-9871; Event ID: 3980617Please dial in at least 10 minutes prior
ATHENS, June 06, 2024 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the "Company"), a containership charter owner, announced today that the Company's Board of Directors has declared a cash dividend of $0.546875 per depositary share, each representing a 1/100th interest in a share of its 8.75% Series B Cumulative Redeemable Perpetual Preferred Shares (the "Series B Preferred Shares") (NYSE:GSLPRB). The dividend represents payment for the period from April 1, 2024 to June 30, 2024 and will be paid on July 1, 2024 to all Series B Preferred Shareholders of record as of June 24, 2024. About Global Ship Lease Global Ship Lease is a leading independent owner of containerships with a d
Quarterly supplemental dividends of $0.075 per share represent a 20% increase in dividend payments to common shareholders Increased dividend payments reflect material outperformance of containership charter markets ATHENS, Greece, May 28, 2024 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the "Company"), a containership charter owner, today announced the introduction of a quarterly supplemental dividend to common shareholders. Recent containership charter market strength is enabling Global Ship Lease to secure higher-than-anticipated cashflows from time charters with longer-than-anticipated durations. As a result, in addition to the sustainable dividend of $0.375 per Class A c
ATHENS, May 16, 2024 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the "Company", "Global Ship Lease" or "GSL"), an owner of containerships, announced today its unaudited results for the three months ended March 31, 2024. First Quarter of 2024 Highlights - Reported operating revenue of $179.6 million for the first quarter of 2024, an increase of 12.7% on operating revenue of $159.3 million for the prior year period. - Reported net income available to common shareholders of $89.5 million for the first quarter of 2024, an increase of 24.0% on net income of $72.2 million for the prior year period. Normalized net income (a non-U.S. GAAP financial measure, described below) for the
ATHENS, Greece, May 10, 2024 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the "Company"), a containership charter owner, announced today that the Company's Board of Directors has declared a dividend of $0.375 per Class A common share for the first quarter of 2024, to be paid on June 3, 2024 to shareholders of record as of May 24, 2024. About Global Ship Lease Global Ship Lease is a leading independent owner of containerships with a diversified fleet of mid-sized and smaller containerships. Incorporated in the Marshall Islands, Global Ship Lease commenced operations in December 2007 with a business of owning and chartering out containerships under fixed-rate charters to top tie
ATHENS, Greece, May 07, 2024 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the "Company"), a containership charter owner, announced today that it will hold a conference call to discuss the Company's results for the first quarter 2024 on Thursday, May 16, 2024 at 10:30 a.m. Eastern Time. The Company will issue financial results for the first quarter 2024 on Thursday, May 16, 2024, before the open of market trading. What:First Quarter 2024 Conference Call and Webcast When:Thursday, May 16, 2024 at 10:30 a.m. Eastern Time Where:There are two ways to access the conference call: Dial-in: (646) 307-1963 or (800) 715-9871; Event ID: 1926153Please dial in at least 10 minutes prior to
ATHENS, Greece, June 17, 2024 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the "Company" or "GSL") today announced that its 2024 Annual Meeting of Shareholders was duly held on June 17, 2024, in Athens, Greece (the "Annual Meeting"). At the Annual Meeting, the shareholders of the Company (i) re-elected each of three directors, Yoram Neugeborn, Ulrike Helfer and Alain Pitner, to serve until the Company's 2027 Annual Meeting of Shareholders and until such time as his successor has been duly elected and qualified, and (ii) ratified the appointment of PricewaterhouseCoopers S.A. as the Company's independent public accounting firm for the fiscal year ending December 31, 2024. About
ATHENS, Greece, May 03, 2024 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the "Company") has scheduled its Annual Meeting of Shareholders for June 17, 2024, at 10:00 a.m. Eastern Time (the "Annual Meeting"). The record date for determining shareholders entitled to participate at the Annual Meeting is April 18, 2024. The business of the Annual Meeting is to elect three Term I Directors to serve until the 2027 Annual Meeting of Shareholders and to ratify the appointment of PricewaterhouseCoopers S.A., as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2024. Annual Meeting documentation and instructions for voting were mailed to a
LONDON, Dec. 07, 2023 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the "Company" or "GSL"), a leading independent owner of containerships, today announced that Ian Webber, its Chief Executive Officer, has chosen to retire from the CEO role he has held since the Company's inception in 2007 and will join GSL's Board of Directors, effective March 31, 2024, expanding the size of the Board to nine members. Thomas Lister, who also joined the Company in 2007 and has held a number of senior executive roles, has been appointed to succeed Mr. Webber as CEO, effective concurrently with Mr. Webber's retirement. Thomas Lister was part of the management team that took GSL public in August 20
LONDON, June 06, 2023 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the "Company" or "GSL") today announced that its 2023 Annual Meeting of Shareholders was duly held on June 6, 2023, in Athens, Greece (the "Annual Meeting"). At the Annual Meeting, the shareholders of the Company (i) re-elected each of three directors, Michael Gross, Menno van Lacum and Alain Wils, to serve until the Company's 2026 Annual Meeting of Shareholders and until such time as his successor has been duly elected and qualified, and (ii) ratified the appointment of PricewaterhouseCoopers S.A. as the Company's independent public accounting firm for the fiscal year ending December 31, 2023. About Global Ship
LONDON, May 04, 2023 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the "Company") has scheduled its Annual Meeting of Shareholders for June 6, 2023, at 10:00 a.m. Eastern Time (the "Annual Meeting"). The record date for determining shareholders entitled to participate at the Annual Meeting is April 20, 2023. The business of the Annual Meeting is to elect three Term III Directors to serve until the 2026 Annual Meeting of Shareholders and to ratify the appointment of PricewaterhouseCoopers S.A., as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2023. Annual Meeting documentation and instructions for voting were mailed to all shar
LONDON, Dec. 07, 2022 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the "Company" or "GSL") today announced the election of two Term II Directors at the Company's 2022 Annual Meeting of Shareholders (the "Annual Meeting"), held today in Athens, Greece. The Directors, Michael Chalkias and George Giouroukos, were each re-elected to serve until the Company's 2025 Annual Meeting of Shareholders and until such time as his successor has been duly elected and qualified. Additionally, the appointment of PricewaterhouseCoopers S.A. as the Company's independent public accounting firm for the fiscal year ending December 31, 2022 was ratified. Finally, the Company adjourned the Annual Meet
LONDON, Oct. 27, 2022 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the "Company") has re-scheduled its Annual Meeting of Shareholders for December 7, 2022, at 11:00 a.m. Eastern Time (the "Annual Meeting"). The record date for determining shareholders entitled to participate at the Annual Meeting is October 17, 2022. The business of the Annual Meeting is to elect two Term II Directors to serve until the 2025 Annual Meeting of Shareholders, to ratify the appointment of PricewaterhouseCoopers S.A., as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2022, and to approve the adoption of an amendment to the Company's Amended and Res
LONDON, Sept. 28, 2022 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the "Company") today announced that its scheduled Annual Meeting of Shareholders was convened on September 27, 2022, and has been subsequently adjourned due to lack of requisite quorum to October 7, 2022 at 6:00 p.m. local time, at 3-5 Menandrou Str., 14561 Kifisia, Athens, Greece. The record date for determining shareholders entitled to participate at the Annual Meeting is August 2, 2022. The business of the Annual Meeting is to elect two Term II Directors to serve until the 2025 Annual Meeting of Shareholders and to ratify the appointment of PricewaterhouseCoopers S.A., as the Company's independent registered
LONDON, Aug. 24, 2022 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the "Company") has scheduled its Annual Meeting of Shareholders for September 27, 2022, at 11:00 a.m. Eastern Time (the "Annual Meeting"). The record date for determining shareholders entitled to participate at the Annual Meeting is August 2, 2022. The business of the Annual Meeting is to elect two Term II Directors to serve until the 2025 Annual Meeting of Shareholders and to ratify the appointment of PricewaterhouseCoopers S.A., as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2022. Annual Meeting documentation and instructions for voting were mailed to all
LONDON, Aug. 05, 2021 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the "Company" or "GSL") today announced the election of three Term I Directors at the Company's Annual Meeting of Shareholders for 2021, held today in Athens. The Directors, Philippe Lemonnier, Henry Mannix III and Alain Pitner, were elected to serve until the 2024 Annual Meeting of Shareholders and until such time as a successor has been duly elected and qualified. Additionally, the appointment of PricewaterhouseCoopers S.A. as the Company's independent public accounting firm for the fiscal year ending December 31, 2021 was ratified. About Global Ship Lease Global Ship Lease is a leading independent owner of
Clarksons Platou downgraded Global Ship Lease from Buy to Neutral and set a new price target of $27.00
Clarksons Platou upgraded Global Ship Lease from Neutral to Buy
Jefferies initiated coverage of Global Ship Lease with a rating of Buy and set a new price target of $22.00
Jefferies reiterated coverage of Global Ship Lease with a rating of Buy and set a new price target of $32.00 from $26.00 previously
Deutsche Bank initiated coverage of Global Ship Lease with a rating of Buy and set a new price target of $23.00
Jefferies reiterated coverage of Global Ship Lease with a rating of Buy and set a new price target of $24.00 from $21.00 previously
Jefferies initiated coverage of Global Ship Lease with a rating of Buy and set a new price target of $18.00
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This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner. Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. Here's the list of options activity happening in today's session: Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume JCI CALL SWEEP BEARISH 07/19/24 $67.50 $27.9K 2.5K 3.6K ZIM PUT SWEEP BEARISH 08/16/24 $20.00 $36.4K
Quarterly supplemental dividends of $0.075 per share represent a 20% increase in dividend payments to common shareholders Increased dividend payments reflect material outperformance of containership charter marketsATHENS, Greece, May 28, 2024 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the "Company"), a containership charter owner, today announced the introduction of a quarterly supplemental dividend to common shareholders.Recent containership charter market strength is enabling Global Ship Lease to secure higher-than-anticipated cashflows from time charters with longer-than-anticipated durations. As a result, in addition to the sustainable dividend of $0.375 per Class A common s
Jefferies analyst Omar Nokta maintains Global Ship Lease (NYSE:GSL) with a Buy and raises the price target from $26 to $29.
Global Ship Lease (NYSE:GSL) reported quarterly earnings of $2.53 per share which beat the analyst consensus estimate of $2.27 by 11.45 percent. This is a 19.34 percent increase over earnings of $2.12 per share from the same period last year. The company reported quarterly sales of $179.561 million which beat the analyst consensus estimate of $168.061 million by 6.84 percent. This is a 12.73 percent increase over sales of $159.291 million the same period last year.
Jefferies analyst Omar Nokta reiterates Global Ship Lease (NYSE:GSL) with a Buy and maintains $25 price target.
Global Ship Lease Inc (NYSE:GSL) shares are trading lower after the company reported fourth-quarter FY23 results. Operating revenue grew 8.4% Y/Y to $178.9 million, beating the consensus of $172.0 million. Operating income declined to $78.9 million from $85.1 million a year ago. Revenue increased Y/Y due to charter renewals at higher rates on several vessels, the acquisition of four vessels (delivered in the second quarter of 2023), and a decrease in planned and unplanned off-hire days. Adjusted EBITDA improved by 27.1% Y/Y to $127.1 million. Normalized EPS rose 16.4% Y/Y to $2.49, beating the consensus of $2.35. Utilization for the quarter was 98.1% compared to 94.2% in the sam
On CNBC’s "Mad Money Lightning Round," Jim Cramer said he can’t recommend Global Ship Lease, Inc. (NYSE:GSL) as "we don’t really know what they own." Global Ship Lease is expected to report results for the fourth quarter and full year 2023 on March 4, 2024. Analysts expect the company to report quarterly earnings at $2.35 per share on revenue of $172.02 million. Cramer said Magnite, Inc. (NASDAQ:MGNI) has caught his eye, too. "I think you’ve got an interesting stock here." On Feb. 28, Magnite reported better-than-expected fourth-quarter financial results. Multiple analysts also raised their price targets on the stock following the report. Don’t forget to check out our premarket cov
Global Ship Lease (NYSE:GSL) reported quarterly adjusted earnings of $2.49 per share which beat the analyst consensus estimate of $2.35 by 5.96 percent. This is a 16.36 percent increase over earnings of $2.14 per share from the same period last year. The company reported quarterly sales of $178.90 million which beat the analyst consensus estimate of $172.02 million by 4.00 percent. This is a 8.41 percent increase over sales of $165.02 million the same period last year.
Companies Reporting Before The Bell • Sohu.com (NASDAQ:SOHU) is estimated to report earnings for its fourth quarter. • Avadel Pharmaceuticals (NASDAQ:AVDL) is projected to report quarterly loss at $0.29 per share on revenue of $18.11 million. • LENSAR (NASDAQ:LNSR) is expected to report quarterly loss at $0.22 per share on revenue of $12.00 million. • Sea (NYSE:SE) is projected to report quarterly loss at $0.27 per share on revenue of $3.53 billion. • Global Ship Lease (NYSE:GSL) is estimated to report quarterly earnings at $2.35 per share on revenue of $172.02 million. • Modiv Industrial (NYSE:MDV) is likely to report earnings for its fourth quarter. • GEO Group (NYSE:GEO) is estimat
With U.S. stock futures trading higher this morning on Monday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Sea Limited (NYSE:SE) to report a quarterly loss at 27 cents per share on revenue of $3.55 billion before the opening bell, according to data from Benzinga Pro. Sea shares fell 0.3% to $50.90 in after-hours trading. Analysts are expecting AeroVironment, Inc. (NASDAQ:AVAV) to have earned 33 cents per share on revenue of $170.63 million for the latest quarter. The company will release earnings after the markets close. AeroVironment shares gained 1% to $130.00 in after-hours trading. LL Flooring Holdings, Inc. (NYSE:LL) reported a narrow