Danaos Corporation: Drybulk Debut Not The Only Attractive Aspect [Seeking Alpha]
Danaos Corporation (DAC)
Last danaos corporation earnings: 2/10 05:00 pm
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US:NYSE Investor Relations:
danaos.com/investors/overview/default.aspx
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Source: Seeking Alpha
Follow Summary Danaos Corporation reported mixed Q2 earnings, missing on adjusted EPS but beating on revenue, with stock price fluctuating before rallying back. Despite missing analyst EPS estimates for four quarters, investors have sent DAC stock up by 30% between Q3 2023 and Q2 2024. It's not enough. DAC is a strong performer in the container shipping industry with a resilient model, strong balance sheet, and attractive valuation levels, but the stock price does not reflect fundamentals. Miro Nenchev Danaos Corporation ( NYSE: DAC ) reported its Q2 2024 earnings about two weeks ago, missing on adjusted EPS by 13 cents but beating by $8.4 million at the top line. Incidentally, earnings were announced on the day of the broad-market dip; DAC bucked Recommended For You About DAC Stock
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News
- Is the Options Market Predicting a Spike in Danaos (DAC) Stock? [Yahoo! Finance]Yahoo! Finance
- Danaos Corporation Announces Date for the Release of Third Quarter 2024 Results, Conference Call and WebcastPR Newswire
- At US$87.28, Is It Time To Put Danaos Corporation (NYSE:DAC) On Your Watch List? [Yahoo! Finance]Yahoo! Finance
- Danaos' (NYSE:DAC) earnings growth rate lags the 61% CAGR delivered to shareholders [Yahoo! Finance]Yahoo! Finance