Diana Containerships Inc. (DCIX) Releases Quarterly Earnings Results, Misses Estimates By $1.65 EPS
Diana Containerships Inc. (NASDAQ:DCIX) announced its earnings results on Friday. The shipping company reported ($2.44) EPS for the quarter, missing the consensus estimate of ($0.79) by ($1.65), Briefing.com reports. The business had revenue of $6.70 million during the quarter, compared to analyst estimates of $7.40 million. Diana Containerships had a negative return on equity of 27.46% and a negative net margin of 467.42%. The firm’s revenue was down 16.2% compared to the same quarter last year. During the same period in the previous year, the firm earned ($13.84) earnings per share.
Shares of Diana Containerships (NASDAQ DCIX) traded up $1.63 on Friday, hitting $8.23. The stock had a trading volume of 11,797,833 shares, compared to its average volume of 345,937. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.11 and a current ratio of 0.11. Diana Containerships has a fifty-two week low of $1.56 and a fifty-two week high of $37,537.92.
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Diana Containerships Company Profile
Diana Containerships Inc is a holding company. The Company, through its subsidiaries, is engaged in the ownership of containerships. As of December 31, 2016, the Company’s fleet consisted of six panamax and six post-panamax containerships with a combined carrying capacity of 61,517 twenty-foot equivalent unit (TEU).
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