ATHENS, Greece, Jan. 21, 2025 /PRNewswire/ -- Danaos Corporation (NYSE: DAC), one of the world's largest independent owners of containerships, announced today that it will release its results for the fourth quarter ended December 31, 2024, after the close of the market in New York on Monday, February 10, 2025. The Company's management team will host a conference call to discuss the results on Tuesday, February 11, 2025 at 9:00 A.M. ET.  Conference Call Details:Participants should dial into the call 10 minut ...

Danaos Corporation (NYSE: DAC ) is a major owner of containerships, with 73 containerships totaling 465,463 TEU, and is looking to expand further, with 16 more ships (129,819 TEU) under construction. Danaos also recently acquired 10 drybulk vessels totaling 1,760,861 DWT - these shipsI am a senior at Northwestern University pursuing a degree in economics, and would like to work in the financial industry after graduation. I am a self-taught investor, and I have been managing my personal portfolio for the las ...

Investors interested in Transportation stocks should always be looking to find the best-performing companies in the group. Is Danaos (DAC) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Transportation sector should help us answer this question.Danaos is a member of the Transportation sector. This group includes 131 individual stocks and currently holds a Zacks Sector Rank of #15. The Zacks Sector Rank considers 16 different groups, me ...

The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use a variety of methods, incl ...

Danaos Corporation (NYSE:DAC) Q3 2024 Earnings Conference Call November 12, 2024 9:00 AM ET Company Participants Evangelos Chatzis - CFO John Coustas - CEO Conference Call Participants Omar Nokta - Jefferies Operator Good day and welcome to the Danaos Corporation Conference Call to discuss the Financial Results for the Three Months ended September 30th, 2024. As a reminder, today's call is being recorded. Hosting the call today is Dr. John Coustas, Chief Executive Officer of Danaos Corporation; and Mr. Evan ...

Danaos (DAC) came out with quarterly earnings of $6.50 per share, missing the Zacks Consensus Estimate of $6.86 per share. This compares to earnings of $7.26 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -5.25%. A quarter ago, it was expected that this shipping company would post earnings of $7.04 per share when it actually produced earnings of $6.78, delivering a surprise of -3.69%.Over the last four quarters, the company h ...

ATHENS, Greece, Nov. 12, 2024 /PRNewswire/ -- Danaos Corporation ("Danaos") (NYSE: DAC), one of the world's largest independent owners of container vessels and drybulk vessels, today reported unaudited results for the period ended September 30, 2024.Highlights for the Third Quarter and Nine Months Ended September 30, 2024: Financial Summary Three Months Ended September 30, 2024 and Three Months Ended September 30, 2023  Unaudited (Expressed in thousands of United States dollars, except as otherwi ...

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Danaos Corporation (DAC) is scheduled to release third-quarter 2024 results on Nov. 12 before market open.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Danaos has a discouraging earnings surprise history, having missed the Zacks Consensus Estimate in each of the trailing four quarters. The average miss is 6.3%.The Zacks Consensus Estimate for DAC’s soon-to-be-reported quarter’s earnings has been revised downward by 3.4% in the past 60 days to $6.86 per share.We expect Danaos' perfor ...

The market expects Danaos (DAC) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on November 12, 2024, might help the stock move higher if these key numbers are b ...