Diana Containerships Inc. (DCIX) Posts Earnings Results, Misses Expectations By $1.65 EPS

Diana Containerships Inc. (NASDAQ:DCIX) released its quarterly earnings results on Friday. The shipping company reported ($2.44) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.79) by ($1.65), Briefing.com reports. The business had revenue of $6.70 million for the quarter, compared to the consensus estimate of $7.40 million. Diana Containerships had a negative net margin of 467.42% and a negative return on equity of 27.46%. The business’s quarterly revenue was down 16.2% on a year-over-year basis. During the same period last year, the firm posted ($13.84) EPS.

Shares of Diana Containerships (DCIX) opened at $8.23 on Friday. The company has a current ratio of 0.11, a quick ratio of 0.11 and a debt-to-equity ratio of 0.91. Diana Containerships has a twelve month low of $1.56 and a twelve month high of $37,537.92.

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Diana Containerships Company Profile

Diana Containerships Inc is a holding company. The Company, through its subsidiaries, is engaged in the ownership of containerships. As of December 31, 2016, the Company’s fleet consisted of six panamax and six post-panamax containerships with a combined carrying capacity of 61,517 twenty-foot equivalent unit (TEU).

Earnings History for Diana Containerships (NASDAQ:DCIX)

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