Global Ship Lease (NYSE:GSL) reported its Q1 earnings results on Wednesday, May 10, 2023 at 08:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Global Ship Lease beat estimated earnings by 4.43%, reporting an EPS of $2.12 versus an estimate of $2.03.
Revenue was up $5.66 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.46 which was followed by a 0.78% increase in the share price the next day.
Here’s a look at Global Ship Lease’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 1.68 | 1.85 | 1.74 | 1.91 |
| EPS Actual | 2.14 | 2.38 | 1.85 | 1.91 |
| Revenue Estimate | 143.95M | 149.17M | 145.34M | 148.40M |
| Revenue Actual | 165.02M | 172.54M | 154.46M | 153.63M |
To track all earnings releases for Global Ship Lease visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.