Global Ship Lease Reports Results for the Fourth Quarter of 2020

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Go back to Global Ship Lease Reports Results for the Fourth Quarter of 2020

Global Ship Lease (GSL) Reports Q4 Revenues Beat

March 4, 2021 8:35 AM EST

Global Ship Lease (NYSE: GSL) reported Q4 revenue for the quarter came in at $70 million versus the consensus estimate of $69.18 million.

George Youroukos, Executive Chairman of Global Ship Lease, stated, Through the second half of 2020 and into early 2021, Global Ship Lease has taken decisive action in a uniquely strong market in ways that will benefit the Company for years to come. As our liner operator customers have increasingly found themselves short of containership capacity in the rapid rebound of demand, severe port congestion particularly on the US West Coast and in China, and... More