Danaos Corporation (DAC)

Danaos Corp (DAC​​​​​​​) is an international owner of containerships. Share price rose about 3.2% in the past year from $75.99 to $78.41, as of Monday’s market close.

Possible labor strikes may cause disruptions in container industry and affect freight rates. Market braces for impact, experts say

U.S. retailers are increasing orders ahead of possible port strikes, boosting container shipping stocks like ZIM, Hapag-Lloyd, Euroseas, Global Ship Lease and Danaos.

DAC stock results show that Danaos missed analyst estimates for earnings per share but beat on revenue for the second quarter of 2024.

Danaos Corporation, together with its subsidiaries, provides container and drybulk vessels services in Australia, Asia, and Europe.

Danaos reported Q1 FY24 results with operating revenues up 4.0%, adjusted EBITDA down, EPS missed consensus, and a declared dividend.

Danaos Corporation (NYSE: DAC) reported 

DAC stock results show that Danaos missed analyst estimates for earnings per share and missed on revenue for the first quarter of 2024.

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