Global Hunter Securities Downgrades DryShips (DRYS) to Neutral, Earnings Worsen
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Wells Fargo Downgrades DryShips (DRYS) to Market Perform, Cuts Numbers
November 19, 2012 8:28 AM ESTWells Fargo downgraded DryShips (NASDAQ: DRYS) from Outperform to Market Perform and lowered its valuation range from $3.25-$3.75 to $1.75-$2.00.
The firm comments, "We are downgrading shares of DRYS to Market Perform in the wake of additional credit issues, another quarterly miss, and the departure of its COO, as we... More
DryShips (DRYS) Sinks on Large Q3 Miss, Additional Collateral Requirements
November 15, 2012 10:46 AM ESTAnalysts at Wells Fargo weighed in on shipper DryShips (NASDAQ: DRYS) following the company's large Q3 miss which then said stemmed largely from higher-than-expected drilling rig operating expenses and lower-than-expected dry bulk/tanker revenues.
DryShips, without disclosing names, announced that its 65% owned... More
DryShips, Inc. (DRYS) Posts Q3 Loss of 9c/Share; Revs Light
November 14, 2012 5:36 PM ESTDryShips, Inc. (NASDAQ: DRYS) reported Q3 EPS of ($0.09), $0.07 worse than the analyst estimate of ($0.02). Revenue for the quarter came in at $318.05 million versus the consensus estimate of $331.52 million.
For earnings history and earnings-related data on DryShips, Inc. (DRYS) click here.... More
