Seaspan (SSW) Tops Q1 EPS by 2c

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Go back to Seaspan (SSW) Tops Q1 EPS by 2c

Seaspan Reports Financial Results for the Quarter Ended March 31, 2017

April 26, 2017 5:13 PM EDT

$5.0 Billion in Contracted Future Revenue Provides Stable Foundation with Significant Upside to a Containership Market Recovery

HONG KONG, China, April 26, 2017 /PRNewswire/ - Seaspan Corporation ("Seaspan") (NYSE: SSW) announced today its financial results for the quarter ended March 31, 2017.

Key Financial Metrics for the First Quarter

Total revenue of $201.3 million. Earnings per diluted share of $0.22. Normalized earnings per diluted share(1) of $0.15. Cash available for distribution to common shareholders(1) of $60.3 million. Adjusted EBITDA(1) of $119.3 million.... More