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Diamond S Shipping: 3Q Earnings Snapshot

November 16, 2020 GMT

GREENWICH, Conn. (AP) _ Diamond S Shipping Inc. (DSSI) on Monday reported a loss of $9.7 million in its third quarter.

The Greenwich, Connecticut-based company said it had a loss of 24 cents per share.

The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 19 cents per share.

The company posted revenue of $112.6 million in the period, also missing Street forecasts. Three analysts surveyed by Zacks expected $128.1 million.

Diamond S Shipping shares have decreased 64% since the beginning of the year. The stock has declined 59% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DSSI at https://www.zacks.com/ap/DSSI