Danaos (DAC) Q2 Earnings and Revenues Miss Estimates

Core Viewpoint - Danaos reported quarterly earnings of $6.36 per share, missing the Zacks Consensus Estimate of $6.52 per share, and showing a decline from $6.78 per share a year ago, indicating a negative earnings surprise of -2.45% [1][2] Financial Performance - The company posted revenues of $239 million for the quarter ended June 2025, missing the Zacks Consensus Estimate by 3.05%, and down from $246.31 million year-over-year [2] - Over the last four quarters, Danaos has surpassed consensus EPS estimates only once and topped consensus revenue estimates two times [2] Stock Performance - Danaos shares have increased approximately 13.9% since the beginning of the year, outperforming the S&P 500's gain of 6.1% [3] - The current consensus EPS estimate for the upcoming quarter is $7.21 on revenues of $260.14 million, and for the current fiscal year, it is $27.00 on revenues of $1 billion [7] Industry Outlook - The Transportation - Shipping industry, to which Danaos belongs, is currently ranked in the bottom 38% of over 250 Zacks industries, suggesting potential challenges ahead [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact Danaos' stock performance [5][6]