Danaos Corporation Reports Third Quarter and Nine Months Results for the Period Ended September 30, 2020

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Danaos Corporation (DAC) Tops Q3 EPS by 5c

November 5, 2020 5:19 PM EST

Danaos Corporation (NYSE: DAC) reported Q3 EPS of $1.91, $0.05 better than the analyst estimate of $1.86.

Adjusted net income1 of $47.3 million, or $1.91 per share, for the three months ended September 30, 2020 compared to $37.9 million, or $2.46 per share, for the three months ended September 30, 2019, an increase of 24.8%. Adjusted net income1 of $123.1 million, or $4.97 per share, for the nine months ended September 30, 2020 compared to... More