Danaos Corporation Reports Third Quarter and Nine Months Results for the Period Ended September 30, 2019

Go back to Danaos Corporation Reports Third Quarter and Nine Months Results for the Period Ended September 30, 2019

Danaos Corporation (DAC) Tops Q3 EPS by 32c, Revenues Beat

November 4, 2019 5:09 PM EST

Danaos Corporation (NYSE: DAC) reported Q3 EPS of $2.46, $0.32 better than the analyst estimate of $2.14. Revenue for the quarter came in at $111.83 million versus the consensus estimate of $108.82 million.

Highlights for the Third Quarter and Nine Months Ended September 30, 2019:

Adjusted net income1 of $37.9 million, or $2.46 per share2, for the three months ended September 30, 2019... More