Diana Shipping: Q4 Earnings Insights


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


 

Shares of Diana Shipping (NYSE:DSX) remained unaffected after the company reported Q4 results.

Quarterly Results

Earnings per share decreased 66.67% year over year to ($0.10), which missed the estimate of ($0.06).

Revenue of $42,657,000 declined by 17.18% year over year, which beat the estimate of $40,610,000.

Outlook

Diana Shipping hasn't issued any earnings guidance for the time being.

Diana Shipping hasn't issued any revenue guidance for the time being.

Conference Call Details

Date: Feb 22, 2021

Time: 09:00 AM

ET Webcast URL: https://78449.themediaframe.com/dataconf/productusers/dship/mediaframe/43373/indexl.html

Price Action

52-week high: $3.78

Company's 52-week low was at $1.25

Price action over last quarter: Up 85.80%

Company Overview

Diana Shipping Inc provides shipping transportation services. The company, through its subsidiaries, operates a fleet of vessels consisting of dry bulk carriers such as Panamax, Kamsarmax, Post-Panamax, Capesize and Newcastlemax vessels. Using this fleet, the firm provides transportation services for various goods including coal, iron ore, and grains. It also transports minor bulks, including steel products, cement, and fertilizers through its dry bulk carrier vessels.


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


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Posted In: EarningsNewsBZI-Recaps