Global Ship Lease Reports Results for the Second Quarter of 2019

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Go back to Global Ship Lease Reports Results for the Second Quarter of 2019

Global Ship Lease (GSL) Tops Q2 EPS by 2c

August 1, 2019 8:35 AM EDT

Global Ship Lease (NYSE: GSL) reported Q2 EPS of $0.38, $0.02 better than the analyst estimate of $0.36. Revenue for the quarter came in at $63.1 million versus the consensus estimate of $63 million.

George Youroukos, Executive Chairman of Global Ship Lease, stated, By remaining highly active against a supportive fundamental backdrop, we have made excellent progress on multiple key initiatives throughout the first half of 2019. Net ship supply growth for the global containership fleet has remained limited or negative in the mid-sized and... More