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 ...

Company Overview - Danaos Corporation (DAC) is experiencing significant attention from investors due to high implied volatility in its options market, particularly the Jan 17, 2025 $30 Call option [1] - The company currently holds a Zacks Rank of 4 (Sell) within the Transportation – Shipping industry, which is positioned in the bottom 37% of the Zacks Industry Rank [3] Analyst Insights - Over the past 30 days, no analysts have increased their earnings estimates for Danaos for the current quarter, while one analyst has lowered the estimates, resulting in a decrease of the Zacks Consensus Estimate from $7.10 per share to $6.86 [3] Options Market Dynamics - The high implied volatility suggests that options traders are anticipating a significant price movement for Danaos shares, which could indicate an upcoming event that may lead to a substantial rally or sell-off [2][4] - Seasoned options traders often seek out options with high implied volatility to sell premium, aiming to benefit from the decay of the option's value if the underlying stock does not move as much as expected by expiration [4]

ATHENS, Greece, Oct. 31, 2024 /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 third quarter ended September 30, 2024, before the open of the market in New York on Tuesday, November 12, 2024.The Company's management team will host a conference call to discuss the results on Tuesday, November 12, 2024 at 9:00 A.M. ET. Conference Call Details:Participants should dial into the call 10 minute ...

Table of Contents EXHIBIT 99.1 DANAOS CORPORATION OPERATING AND FINANCIAL REVIEW AND PROSPECTS The following discussion and analysis should be read in conjunction with our interim condensed consolidated financial statements (unaudited) and the notes thereto included elsewhere in this report. Results of Operations Three months ended June 30, 2024 compared to three months ended June 30, 2023 During the three months ended June 30, 2024, Danaos had an average of 68.7 container vessels and 7.6 Capesize drybulk v ...

Danaos Corporation (NYSE:DAC) Q2 2024 Earnings Conference Call August 6, 2024 9:00 AM ET Company Participants Evangelos Chatzis - Chief Financial Officer John Coustas - Chief Executive Officer Conference Call Participants Omar Nokta - Clarksons Platou Securities Operator Good day and welcome to the Danaos Corporation Conference Call to discuss the Financial Results for the Three Months ended in June 30 2024. As a reminder, today's call is being recorded. Hosting the call today is Dr. John Coustas, Chief Ex ...

The Company's management team will host a conference call to discuss the results on Tuesday, August 6, 2024 at 9:00 A.M. ET. Please indicate to the operator that you wish to join the Danaos Corporation earnings call. A live audio webcast of the conference call will be available through the Danaos Corporation website (www.danaos.com). Participants of the live audio webcast should register on the website approximately 10 minutes prior to the start of the webcast. An archived version of the audio webcast will ...

Danaos Today Get Danaos alerts: Danaos has impressive fundamentals when it comes to valuations. Shares trade at just 3.23x forward earnings compared to 10.39x for Zim, 9.29x for Genco, and 6.88x for Star Bulk Carriers. The company is profitable, with a price-to-sales ratio of 1.88. The price to book is 0.84 as it generates $34.04 cash per share. The float is rather tiny at just 11.45 million shares, giving it a market capitalization of just $1.83 billion. Danaos Reports Mixed Results for Q1 2024 Overall Mar ...

Exhibit 99.2 Dated 19 March 2024 DANAOS CORPORATION as Borrower with CITIBANK, N.A., LONDON BRANCH as Co-ordinator and CITIBANK, N.A., LONDON BRANCH BNP PARIBAS and KFW IPEX-BANK GMBH as Mandated Lead Arrangers and Bookrunners and CITIBANK, N.A., LONDON BRANCH as Security Agent THE FINANCIAL INSTITUTIONS LISTED IN SCHEDULE 1 as Lenders guaranteed by THE ENTITIES LISTED IN SCHEDULE 1 FACILITY AGREEMENT for a $450,000,000 Loan Facility Contents | Clause | Page | | | --- | --- | --- | | Section 1 - Interpretat ...

Danaos Corporation (NYSE:DAC) Q1 2024 Earnings Conference Call May 28, 2024 9:00 AM ET Company Participants John Coustas - CEO Evangelos Chatzis - CFO 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 March 31, 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. Evangelos Chat ...