Is the Options Market Predicting a Spike in Danaos (DAC) Stock?
Investors need to pay close attention to Danaos (DAC) stock based on the movements in the options market lately.
Danaos (DAC) Q2 Earnings Lag Estimates
Danaos (DAC) came out with quarterly earnings of $6.78 per share, missing the Zacks Consensus Estimate of $7.04 per share. This compares to earnings of $7.14 per share a year ago.
Danaos Benefits from Increasing Demand in Container Shipping
Danaos Corp. NYSE: DAC is a leader in the global container shipping industry. The company specializes in operating dry bulk and container vessels.
Danaos Corporation (DAC) Q1 2024 Earnings Call Transcript
Danaos Corporation (NYSE:DAC ) Q1 2024 Earnings Conference Call May 28, 2024 9:00 AM ET Company Participants John Coustas - CEO Evangelos Chatzis - CFO Conference Call Participants Omar Nokta - Jefferies Operator Good day, and welcome to the Danaos Corporation Conference Call to discuss the financial results for the Three Months ended March 31, 2024. As a reminder, today's call is being recorded.
Danaos: Could A Take Private Deal Be In The Works?
The containership market has strengthened significantly in the past few months, with rates exceeding 2024 highs set earlier this year. With a strengthening containership market, Danaos low valuation and high cash flow make it a compelling target for a take-private or acquisition. DAC has underperformed competitor GSL by a large amount, despite their businesses being impacted by the same geopolitical events and performance being largely the same.
