Diana Shipping (DSX) Misses Q3 EPS by 1c, Revenues Beat

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Diana Shipping Inc. Reports Financial Results for the Third Quarter and Nine Months Ended September 30, 2019

December 2, 2019 8:29 AM EST

ATHENS, Greece, Dec. 02, 2019 (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 $1.8 million and net income attributed to common stockholders of $0.3 million for the third quarter of 2019. This compares to net income of $14.8 million and net income attributed to common stockholders of $13.3 million reported in the third quarter of 2018.

Time charter revenues were $53.5 million for the third quarter of 2019, compared to $61.5 million for the same period of 2018. The decrease... More