
Diana Shipping Inc. (DSX) reported its financial results for the third quarter of 2024, revealing a net income of $3.7 million and earnings per share (EPS) of $0.02. The company declared a cash dividend of $0.01 per common share, a decrease from $0.075 in the previous quarter. Following the announcement, DSX shares fell by 14% in pre-market trading. The shipping sector also saw movements from other companies, with ZIM down 6% and GASS down 4.5% after their respective quarterly reports. Additionally, two other shipping firms, MPCC and TEN, are scheduled to report their earnings soon. MPCC is expected to announce an adjusted EPS of $0.13 and a dividend of $0.10, while TEN's report is anticipated to show an EPS of $0.67 and a confirmed dividend of $0.90 for December.





$TEN Q3 - EPS $0.67 - Heavy dry dock quarter - $0.90 dividend confirmed for December https://t.co/B1htFxW6Sr
$TEN Q3: Wow they release actually early! $0.67 EPS: heavy dry dock quarter as expected $0.90 dividend paid in Dec $386M cash https://t.co/uvA72StZ3y
$TEN reports earnings this morning. The biggest question is not what EPS they will earn, but what time will they release and will it be pre market 😅. Should be in around exactly 2 hours at 915am EST. Their data kit already shows a high number of offhire days. So utilization… https://t.co/JHrdSIjudV