Diana Shipping (DSX) Reports Q2 Revenues Beat

Diana Shipping (NYSE: DSX) reported Q2 EPS of $, versus ($0.02) reported last year. Revenue for the quarter came in at $53.4 million versus the consensus estimate of $50.8 million.

Time charter revenues were $53.4 million for the second quarter of 2018, compared to $37.8 million for the same period of 2017. The increase in time charter revenues was due to increased average time charter rates that the Company achieved for its vessels during the quarter and increased ownership days resulting from the enlargement of the fleet.

For earnings history and earnings-related data on Diana Shipping (DSX) click here.

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