Containership firm Danaos Q3 adjusted EPS misses estimates

Reuters2025-11-18
Containership firm Danaos Q3 adjusted EPS misses estimates

Overview

  • Danaos Q3 operating revenue grows 1.8% yr/yr, adjusted EPS misses analyst expectations

  • Company repurchased shares worth $213.6 mln under $300 mln authorized buyback program

Outlook

  • Danaos expects conventional fuels to remain prevalent in the medium term

Result Drivers

  • NEW VESSEL ADDITIONS - $11.2 mln increase in container vessel segment revenues due to newbuilding containership vessel additions

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Operating Revenue

$260.7 mln

Q3 Adjusted EPS

Miss

$6.75

$7.17 (2 Analysts)

Q3 Adjusted Net Income

$124.1 mln

$134.5 mln (1 Analyst)

Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

  • The average consensus recommendation for the marine freight & logistics peer group is "buy"

  • Wall Street's median 12-month price target for Danaos Corp is $101.50, about 6.8% above its November 14 closing price of $94.61

  • The stock recently traded at 4 times the next 12-month earnings vs. a P/E of 3 three months ago

Press Release: ID:nPn2tHyKsa

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment