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.
