Diana Shipping (DSX) Tops Q4 EPS by 26c

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Diana Shipping Inc. Reports Financial Results for the Fourth Quarter and Year Ended December 31, 2021

February 25, 2022 8:28 AM EST

ATHENS, Greece, Feb. 25, 2022 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the Company), a global shipping company specializing in the ownership of dry bulk vessels, today reported net income of $41.1 million and net income attributed to common stockholders of $39.7 million for the fourth quarter of 2021, including a gain of $15.3 million from the spin-off of OceanPal Inc. This compares to a net loss of $7.4 million and net loss attributed to common stockholders of $8.9 million, including a $1.9 million impairment loss, reported in the fourth quarter of 2020.

Time charter revenues were $68.8... More