Diamond S Shipping Inc. Reports Fourth Quarter 2020 Results
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Diamond S Shipping Inc. (DSSI) Tops Q4 EPS by 16c, Revenues Beat
March 12, 2021 6:35 AM ESTDiamond S Shipping Inc. (NYSE: DSSI) reported Q4 EPS of ($0.71), $0.16 better than the analyst estimate of ($0.87). Revenue for the quarter came in at $90.04 million versus the consensus estimate of $74.23 million.
Highlights for the Fourth Quarter and Recent Events
Reported net loss attributable to Diamond S of $57.8 million, or net loss of $1.45 basic and diluted earnings per share, and Adjusted EBITDA (see Non-GAAP Measures section below) of $8.0 million. The reported net loss includes a loss on vessel sales, related to the sale of the Aias and Amoureux, and a cancelled scrubber installation, which,... More