Free Trial
NASDAQ:PSHG

Performance Shipping 11/7/2024 Earnings Report

Performance Shipping logo
$1.78 +0.01 (+0.28%)
As of 02:46 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

Performance Shipping EPS Results

Actual EPS
$0.32
Consensus EPS
N/A
Beat/Miss
N/A
One Year Ago EPS
N/A

Performance Shipping Revenue Results

Actual Revenue
$22.89 million
Expected Revenue
N/A
Beat/Miss
N/A
YoY Revenue Growth
N/A

Performance Shipping Announcement Details

Quarter
Time
Before Market Opens
Conference Call Date
N/A
Conference Call Time
N/A

Upcoming Earnings

Performance Shipping's next earnings date is estimated for Thursday, July 24, 2025, based on past reporting schedules.

Conference Call Resources

Performance Shipping Earnings Headlines

Everyone’s watching Nvidia right now. Here’s why I’m excited.
So, unless you’ve been living under a rock, you probably saw the news… Nvidia just signed a $7 BILLION deal with Saudi Arabia to power its new AI empire 🤯 We’re talking about hundreds of thousands of chips, including their latest Grace Blackwell supercomputer.
Performance Shipping Inc. (PSHG) - Yahoo Finance
See More Performance Shipping Headlines
Get Earnings Announcements in your inbox

Want to stay updated on the latest earnings announcements and upcoming reports for companies like Performance Shipping? Sign up for Earnings360's daily newsletter to receive timely earnings updates on Performance Shipping and other key companies, straight to your email.

About Performance Shipping

Performance Shipping (NASDAQ:PSHG) is a Marshall Islands–incorporated company engaged in the seaborne transportation of drybulk commodities. The company provides marine shipping services through a fleet of modern drybulk carriers that are primarily chartered-in from third parties and chartered-out to customers under long-term and spot contracts. Performance Shipping delivers coal, grains, iron ore and other bulk raw materials to industrial and agricultural markets worldwide, catering to energy producers, mining houses and agricultural exporters.

The company’s fleet consists of Panamax, Supramax and Kamsarmax class vessels, each equipped with on-board cranes and cargo handling systems that enhance loading and unloading efficiency at ports with limited shore infrastructure. By employing a balanced mix of long-term time charters and period charters, Performance Shipping seeks to optimize fleet utilization, manage exposure to daily charter rate fluctuations and maintain flexibility to capitalize on favorable market conditions.

Performance Shipping began trading on the Nasdaq Stock Market under the ticker symbol PSHG following its spin-off from Scorpio Bulkers Inc. in 2017. Since its inception, the company has pursued a disciplined growth strategy focused on acquiring and chartering vessels that meet stringent regulatory, environmental and safety standards. In recent years, Performance Shipping has advanced its fleet renewal program by adding vessels with fuel-efficient engine designs and complying with International Maritime Organization (IMO) emissions regulations.

The company’s leadership team comprises seasoned maritime professionals from the Scorpio Group, with extensive backgrounds in marine operations, chartering and vessel finance. Under the guidance of Chairman Emanuele A. Lauro and Chief Executive Officer Zein Obaid, Performance Shipping continues to strengthen its position in the drybulk market. The firm’s governance framework and operational protocols are designed to promote safety, environmental stewardship and reliability for a global customer base spanning Asia, Europe, the Americas and beyond.

View Performance Shipping Profile

More Earnings Resources from MarketBeat