Skip to main content

Market Overview

A Preview Of Danaos's Earnings


On Monday, February 15, Danaos (NYSE:DAC) will release its latest earnings report. Benzinga's report can help you figure out the ins and outs of the earnings release.

Net Income, Earnings, And Earnings Per Share

Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.

Earnings And Revenue

Analysts expect Danaos earnings of $2.22 per share. Revenue will likely be around $115.48 million, according to the consensus estimate. Danaos earnings in the same period a year ago was $2.01 per share. Quarterly sales came in at $110.20 million.

What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?

Analysts who cover this company will publish forward-looking estimates of its revenue and EPS each quarter. Averaging together every EPS and revenue prediction that each analyst makes about a company in a quarter yields the "consensus estimates." A company posting earnings or revenue above or below the consensus estimate is known as an "earnings surprise" and may move the stock by a considerable margin.

The Wall Street estimate would represent a 10.45% increase in the company's earnings. Revenue would be up 4.79% from the year-ago period. Danaos's reported EPS has stacked up against analyst estimates in the past like this:

Quarter Q3 2020 Q2 2020 Q1 2020 Q4 2020
EPS Estimate 1.86 1.42 1.19 1.67
EPS Actual 1.91 1.71 1.34 2.01
Revenue Estimate 115.38 M 106.46 M 103.01 M 103.19 M
Revenue Actual 118.93 M 116.82 M 106.20 M 110.20 M

Stock Performance

For a full 12 months, the return has risen by 413.79%. Given that these returns are generally positive, long-term shareholders are probably relaxed going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.

Do not be surprised to see the stock move on comments made during its conference call. Danaos is scheduled to hold the call at 09:00:00 ET and can be accessed here.


Related Articles (DAC)

View Comments and Join the Discussion!

Posted-In: BZI-EPEarnings