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Diana Shipping: Q1 Earnings Snapshot

May 24, 2022 GMT

ATHENS, Greece (AP) _ Diana Shipping inc. (DSX) on Tuesday reported first-quarter net income of $26 million, after reporting a loss in the same period a year earlier.

The Athens, Greece-based company said it had net income of 31 cents per share.

The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 28 cents per share.

The shipping company posted revenue of $65.9 million in the period. Its adjusted revenue was $64.2 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DSX at https://www.zacks.com/ap/DSX