Wall Street analysts forecast that Diana Containerships Inc. (NASDAQ:DCIX) will report earnings of ($0.79) per share for the current quarter, according to Zacks. Zero analysts have issued estimates for Diana Containerships’ earnings. Diana Containerships posted earnings of ($758.52) per share in the same quarter last year, which would suggest a positive year over year growth rate of 99.9%. The firm is scheduled to issue its next earnings report before the market opens on Friday, November 17th.

According to Zacks, analysts expect that Diana Containerships will report full year earnings of ($3.23) per share for the current year. For the next financial year, analysts expect that the firm will post earnings of ($1.53) per share. Zacks’ EPS calculations are an average based on a survey of research firms that that provide coverage for Diana Containerships.

Diana Containerships (NASDAQ:DCIX) last released its earnings results on Tuesday, July 25th. The shipping company reported ($412.02) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($740.88) by $328.86. The business had revenue of $5.50 million for the quarter, compared to the consensus estimate of $6.80 million. Diana Containerships had a negative return on equity of 27.46% and a negative net margin of 467.42%. Diana Containerships’s quarterly revenue was down 31.3% on a year-over-year basis. During the same quarter in the previous year, the business earned ($110.88) earnings per share.

ILLEGAL ACTIVITY WARNING: “-$0.79 EPS Expected for Diana Containerships Inc. (DCIX) This Quarter” was first reported by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are reading this article on another site, it was illegally copied and reposted in violation of U.S. and international copyright and trademark legislation. The correct version of this article can be viewed at https://www.thecerbatgem.com/2017/10/27/0-79-eps-expected-for-diana-containerships-inc-dcix-this-quarter.html.

Diana Containerships (NASDAQ DCIX) traded down 4.1458% during mid-day trading on Friday, hitting $0.4601. The company had a trading volume of 288,406 shares. The firm’s market capitalization is $115945.20. Diana Containerships has a 12-month low of $0.36 and a 12-month high of $23,081.90. The company’s 50 day moving average price is $0.87 and its 200-day moving average price is $180.46.

An institutional investor recently raised its position in Diana Containerships stock. Renaissance Technologies LLC increased its holdings in Diana Containerships Inc. (NASDAQ:DCIX) by 3.7% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 239,985 shares of the shipping company’s stock after buying an additional 8,500 shares during the period. Renaissance Technologies LLC owned 2.56% of Diana Containerships worth $312,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 18.05% of the company’s stock.

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).

Get a free copy of the Zacks research report on Diana Containerships (DCIX)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Stock Ratings for Diana Containerships Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Diana Containerships Inc. and related stocks with our FREE daily email newsletter.