Global Ship Lease: Fourth Quarter Earnings Overview

Global Ship Lease Announces Fourth Quarter Financial Results

Global Ship Lease Inc., headquartered in Kifisia, Greece, has released its financial results for the fourth quarter, reporting a net income of $102.6 million.

The company achieved earnings of $2.79 per share during this period, with adjusted earnings—excluding one-time gains—coming in at $2.32 per share.

Quarterly revenue reached $190.9 million for the containership operator.

For the full year, Global Ship Lease recorded a total profit of $416.5 million, or $11.40 per share, with annual revenue amounting to $766.5 million.

Financial data for this article was compiled using information from Zacks Investment Research and processed by Automated Insights.