Category: GSL

Global Ship Lease, Inc. is a holding company and containership charter owner. The Company’s activity consists of the ownership and chartering out of containerships. The Company owns a fleet of mid-sized and smaller containerships. The Company’s fleet consists of 43 containerships, ranging from 2,207 to 11,040 twenty-foot equivalent unit (TEU), with a total capacity of 245,280 TEU and an average age, weighted by TEU capacity, of 13.4 years. 25 ships are Post-Panamax, of which nine are wide beam.


Today took a huge 13.49% loss on extremely large volume. Remove from watchlist.


Looks like a good turn around play. The previous 2Q’s were bad, but the MRQ saw a big recovery with quality earnings. Those 2Q’s were bad EPS misses which cause an average 2.91% EPS miss. R has actually staued consistent. NI took a hit, but rebounded well, same with CFO. Margins went down, but also…