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Performance Shipping Third Quarter 2022 Earnings: EPS: US$7.40 (vs US$6.43 loss in 3Q 2021)

NasdaqCM:PSHG Earnings and Revenue History November 19th 2022

Posted on November 21, 2022

Key Financial Results

  • Revenue: US$22.1m (up 137% from 3Q 2021).
  • Net income: US$20.3m (up from US$2.16m loss in 3Q 2021).
  • Profit margin: 92% (up from net loss in 3Q 2021). The move to profitability was primarily driven by higher revenue.
  • EPS: US$7.40 (up from US$6.43 loss in 3Q 2021).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Performance Shipping shares are down 28% from a week ago.

Risk Analysis

Don’t forget that there may still be risks. For instance, we’ve identified 4 warning signs for Performance Shipping (2 are potentially serious) you should be aware of.


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