Diamond S Shipping: 3Q Earnings Snapshot
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.