Benzinga | Aug 3, 2020 04:44PM EDT

Danaos Q2 EPS $1.71 Beats $1.42 Estimate, Sales $116.80M Beat $106.46M Estimate

Danaos (NYSE:DAC) reported quarterly earnings of $1.71 per share which beat the analyst consensus estimate of $1.42 by 20.42 percent. This is a 968.75 percent increase over earnings of $0.16 per share from the same period last year. The company reported quarterly sales of $116.80 million which beat the analyst consensus estimate of $106.46 million by 9.71 percent. This is a 3.99 percent increase over sales of $112.32 million the same period last year.