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DryShips Inc. DRYS

DryShips Inc is engaged in the shipping industry in the United States. The company operates as a provider of dry bulk commodities transportation services for the steel, electric utility, construction and agri-food industries. It operates through the dry bulk carrier and offshore support services divisions. Through this division, it operates as a provider of offshore support services to the offshore energy industry. The company owns a fleet of Panamax dry bulk vessels, Newcastlemax dry bulk vesse


NDAQ:DRYS - Post by User

Bullboard Posts
Comment by brendellyon Apr 30, 2009 1:00am
501 Views
Post# 15955158

RE: Q1

RE: Q1I believe the EPS average estimate is 0.19 for Q1. However I have seen estimates ranging from 0.05 to 0.24. Given their share count is 184 million as of recent $500 million offering, I think I would stick to the lower end estimate. Shipping rates seen a significant increase in January and February as compared to Q4 2008 so their may be an increase in revenue if a good proportion of the fleet was contracted out.
Bullboard Posts