Seaspan Reports Q2 Normalized EPS, Converted, Of $0.19 - Quick Facts

(RTTNews) - Seaspan Corporation (SSW) reported second-quarter net earnings of $20.00 million or $0.07 per share, compared to $127.15 million or $1.35 per share, previous year. Normalized earnings per share, converted, was $0.19 for the quarter.

Operating earnings increased to $79.59 million from $74.67 million, previous year.

On average, nine analysts polled by Thomson Reuters expected the company to report profit per share of $0.21 for the quarter. Analysts' estimates typically exclude special items.

Revenue increased to $173.87 million from $167.79 million, a year ago. Analysts expected revenue of $175.13 million for the quarter.