Diana Shipping Inc. (NYSE: DSX) Earnings Report Summary
- Diana Shipping Inc. (NYSE:DSX) reported earnings per share (EPS) of $0.01, missing the estimated $0.02, but exceeded revenue expectations with $54.9 million.
- The company declared a cash dividend of $0.01 per common share for Q1 2025.
Diana Shipping Inc. (NYSE:DSX), a global shipping company based in Athens, Greece, reported its earnings on May 29, 2025. The company, known for its dry bulk shipping services, fell short of earnings per share (EPS) expectations, reporting $0.01 against an estimated $0.02. Despite this, DSX exceeded revenue expectations, reporting $54.9 million compared to the estimated $51.3 million.
During the Q1 2025 earnings call, key figures such as CEO Semiramis Paliou and Co-Chief Financial Officer Ioannis Zafirakis discussed the financial results. The company reported a net income of $3 million, with $1.6 million attributed to common stockholders, marking an improvement from the previous year. The earnings per share remained steady at $0.01, both basic and diluted.
Time charter revenues for Q1 2025 were $54.9 million, a decrease from $57.6 million in Q1 2024. This decline was due to decreased ownership days, though it was partially offset by increased average charter rates and improved fleet utilization. Despite the revenue drop, DSX declared a cash dividend of $0.01 per common share for the quarter.
Diana Shipping's financial metrics provide further insight into its market position. The company has a price-to-earnings (P/E) ratio of 13.59, indicating how the market values its earnings. Its price-to-sales ratio is 0.74, suggesting a relatively low market valuation compared to its revenue. The enterprise value to sales ratio is 2.99, showing the company's valuation at nearly three times its sales.
The company's financial health is also reflected in its debt-to-equity ratio of 1.26, indicating its use of debt relative to equity. With a current ratio of 2.58, DSX demonstrates a strong ability to cover short-term liabilities with short-term assets. The earnings yield of 7.36% provides insight into the earnings generated per dollar invested, highlighting the company's profitability.
| Symbol | Price | %chg |
|---|---|---|
| TCPI.JK | 5725 | 0.44 |
| 011200.KS | 23500 | -0.85 |
| ALII.JK | 540 | 0 |
| 010620.KS | 198700 | 0 |
Diana Shipping Inc. (NYSE: DSX) Surpasses Earnings Estimates
- Earnings Per Share (EPS) of $0.016, beating the estimated $0.015.
- Net income of $4.5 million, a significant improvement from a net loss of $2.8 million in the previous year.
- Revenue reached $54.7 million, surpassing estimates and demonstrating resilience despite a slight year-over-year decrease.
Diana Shipping Inc. (NYSE: DSX) is a global shipping company headquartered in Athens, Greece. It specializes in the ownership and operation of dry bulk vessels, which transport commodities like coal, iron ore, and grain. DSX competes with other shipping companies in the industry, striving to maintain profitability and growth amidst fluctuating market conditions.
On July 30, 2025, DSX reported earnings per share (EPS) of $0.016, surpassing the estimated $0.015. This positive performance is part of a broader financial improvement for the company. For the second quarter of 2025, DSX achieved a net income of $4.5 million, a significant turnaround from a net loss of $2.8 million in the same period of 2024.
The company's revenue for the second quarter of 2025 was $54.7 million, exceeding the estimated $52.6 million. This revenue, however, was slightly down from $56 million in the second quarter of 2024. The decrease was due to reduced ownership days, although higher average charter rates helped offset this decline.
DSX declared a cash dividend of $0.01 per common share for the second quarter of 2025, reflecting its commitment to returning value to shareholders. The company's financial metrics, such as a price-to-earnings (P/E) ratio of 12.76 and a price-to-sales ratio of 0.82, indicate a relatively stable market valuation.
The enterprise value to sales ratio stands at 2.75, while the enterprise value to operating cash flow ratio is notably high at 56.34. DSX's earnings yield is approximately 7.83%, and its debt-to-equity ratio is 1.29, highlighting the company's financial leverage and ability to manage debt effectively.
