Danaos (DAC) reported Q3 adjusted earnings Tuesday of $6.50 per diluted share, down from $7.26 a year earlier.
Two analysts surveyed by Capital IQ expected $6.78.
Operating revenue for the quarter ended Sept. 30 was $256.2 million, up from $239.2 million a year earlier.
A single analyst surveyed by Capital IQ expected $258 million.
The shipping company raised its quarterly dividend to $0.85 per share, up from $0.80 in the previous quarter. The higher dividend is payable Dec. 4 to shareholders of record as of Nov. 25.
Price: 79.52, Change: -1.59, Percent Change: -1.96
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