Global Ship Lease, Inc. (GSL) Announces Earnings Results
Global Ship Lease, Inc. (NYSE:GSL) released its quarterly earnings results on Thursday. The shipping company reported $0.19 earnings per share (EPS) for the quarter, Bloomberg Earnings reports. Global Ship Lease had a negative net margin of 18.63% and a positive return on equity of 3.12%. The company had revenue of $41.22 million during the quarter.
Global Ship Lease (NYSE GSL) traded down $0.03 during mid-day trading on Friday, reaching $1.43. 899,079 shares of the company were exchanged, compared to its average volume of 119,106. The company has a market capitalization of $68.32 million, a P/E ratio of 8.45 and a beta of 1.42.
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Global Ship Lease Company Profile
Global Ship Lease, Inc is a holding company and containership charter owner. The Company’s activity consists of the ownership and chartering out of containerships. It owns a fleet of containerships with a range of sizes. Its fleet comprises over 20 containerships, with a combined capacity of over 82,310 twenty-foot equivalent unit (TEU) and a weighted average age of over 11.0 years, and a non-weighted average age of over 11.3 years.
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