Investing.com - Diana Shipping reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Diana Shipping announced earnings per share of $0.370 on revenue of $73.8M. Analysts polled by Investing.com EPS of $0.290 on revenue of $66.57M.
Diana Shipping 's are up 3.86% and is trading at $4.400 , still down 41.36% from its 52 week high of $6.89 set on Tuesday, May 31, 2022.
Diana Shipping shares gained 8.91% to trade at $4.400 in pre-market trade the report.
Diana Shipping follows other major Industrials sector earnings this month
Diana Shipping's report follows an earnings beat by United Parcel Service on Tuesday, October 25, 2022, who reported EPS of $2.99 on revenue of $24.59B, EPS of $2.84 on revenue of $24.29B.
Honeywell had beat expectations on Thursday, October 27, 2022 with third quarter EPS of $2.25 on revenue of $8.95B, for EPS of $2.16 on revenue of $8.99B.
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