Global Ship Lease (GSL) reported strong fourth-quarter results for 2024, with an adjusted earnings per share (EPS) of $2.55, surpassing estimates of $2.32. The company also achieved sales of $182.43 million, exceeding expectations of $173.50 million. GSL announced a dividend increase to $0.525 per quarter, beginning in Q1, bringing the annualized dividend to $2.10. Additionally, GSL noted a backlog addition of $890 million in 2024 and the first two months of 2025, alongside the sale of three older vessels. The stock saw a notable rise, becoming the top gainer in the shipping sector, with an increase of 10% following the announcement. Jefferies has maintained a 'BUY' rating with a price target of $29 for GSL. In contrast, GMS Inc. reported its third-quarter results for fiscal 2025, with an adjusted EPS of $0.92, which fell short of the $1.40 estimate, and revenue of $1.26 billion, missing the $1.29 billion estimate. The company cited soft end-market demand and adverse weather as contributing factors, leading to a pre-market decline of 7.4% in its stock price.