Excel Maritime Beats Zacks Estimates
Recently, Excel Maritime Carriers Ltd. (NYSE:EXM), a global dry bulk carrier, declared its better-than-expected financial results for the fourth quarter of 2011. GAAP net loss in the fourth quarter of 2011 was $167.8 million or $1.95 per share compared with a net income of $63.6 million or 76 cents per share in the year-ago quarter. [...]
Recently, Excel Maritime Carriers Ltd. (NYSE:EXM), a global dry bulk carrier, declared its better-than-expected financial results for the fourth quarter of 2011. GAAP net loss in the fourth quarter of 2011 was $167.8 million or $1.95 per share compared with a net income of $63.6 million or 76 cents per share in the year-ago quarter. However, quarterly adjusted (excluding special-items) EPS of a loss of 24 cents beats the Zacks Consensus Estimate by a penny.
Quarterly total revenue was $82.8 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards