Global Ship Lease Reports Results for the First Quarter of 2020
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/22/2026
- S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
- Oil settles down more 3% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- CoreWeave trains DeepSeek-V3 in two minutes in MLPerf benchmark
- Needham Starts NeoVolta (NEOV) at Buy
- Spain's ex-transport minister sentenced to 24 years for corruption
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
Global Ship Lease (GSL) Misses Q1 EPS by 17c, Revenues Miss
May 12, 2020 8:31 AM EDTGlobal Ship Lease (NYSE: GSL) reported Q1 EPS of $0.02, $0.17 worse than the analyst estimate of $0.19. Revenue for the quarter came in at $70.95 million versus the consensus estimate of $71.11 million.
George Youroukos, Executive Chairman of Global Ship Lease, stated, Our extensive contract cover and high-quality fleet have largely insulated us from the coronavirus-related disruptions that have expanded to affect the global economy. During the first quarter, we generated strong, consistent earnings and took delivery of two new ships. Our total contracted revenue is now around $696.0 million over a TEU-weighted average remaining duration of 2.3... More
