Performance Shipping Future Growth
Future criteria checks 1/6
Performance Shipping is forecast to grow earnings and revenue by 6.8% and 5.3% per annum respectively. EPS is expected to decline by 48.1% per annum. Return on equity is forecast to be 18.1% in 3 years.
Key information
6.8%
Earnings growth rate
-48.1%
EPS growth rate
Shipping earnings growth | 17.6% |
Revenue growth rate | 5.3% |
Future return on equity | 18.1% |
Analyst coverage | Low |
Last updated | 08 Mar 2024 |
Recent future growth updates
Recent updates
Performance Shipping (NASDAQ:PSHG) Is Investing Its Capital With Increasing Efficiency
Oct 04There's Been No Shortage Of Growth Recently For Performance Shipping's (NASDAQ:PSHG) Returns On Capital
Jul 04Performance Shipping (NASDAQ:PSHG) Is Experiencing Growth In Returns On Capital
Mar 04Performance Shipping to acquire Aframax tanker vessel for $35M
Sep 30Performance Shipping announces time charter contract for LR2 Aframax oil product tanker
Sep 22Performance Shipping terminates ATM offering agreement with H.C. Wainwright
Aug 22Performance Shipping plummets on pricing $15M in stock offering
Aug 12Health Check: How Prudently Does Performance Shipping (NASDAQ:PSHG) Use Debt?
Aug 12Performance Shipping GAAP EPS of $0.10, revenue of $16.71M
Aug 04Performance Shipping charters M/T Blue Moon tanker vessel for $23K/day
Jul 28Performance receives Nasdaq notification regarding minimum bid price requirement
Jul 18Performance Shipping takes delivery of Aframax Tanker Vessel
Jul 05Performance Shipping GAAP EPS of -$3.43, revenue of $8.57M
Jun 29Performance Shipping: Equity Offering Dilutes Common Shareholders At A 95% Discount To Net Asset Value - Sell
May 30Assessing Performance Shipping's Extended Tender Offer
Jan 27Performance Shipping - Assessing Recent Common Share Exchange Offer
Jan 07Performance Shipping (NASDAQ:PSHG) Shareholders Will Want The ROCE Trajectory To Continue
May 06Performance Shipping: Aggressive Fleet Expansion Targets Likely To Result In Material Dilution Again
Apr 21We Think That There Are Issues Underlying Performance Shipping's (NASDAQ:PSHG) Earnings
Mar 12Is Performance Shipping (NASDAQ:PSHG) Using Too Much Debt?
Feb 02Can Performance Shipping (NASDAQ:PSHG) Continue To Grow Its Returns On Capital?
Dec 11Performance Shipping reports Q3 results
Nov 16Performance Shipping: On Momentum Watch After Reverse Stock Split Reduces Free Float To Just 2.7 Million Shares
Nov 02Earnings and Revenue Growth Forecasts
Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
---|---|---|---|---|---|
12/31/2026 | 129 | 69 | 51 | 86 | 1 |
12/31/2025 | 91 | 43 | 3 | 57 | 1 |
12/31/2024 | 94 | 44 | 29 | 57 | 1 |
12/31/2023 | 109 | 57 | 56 | 68 | N/A |
9/30/2023 | 113 | 42 | N/A | N/A | N/A |
6/30/2023 | 111 | 42 | -77 | 76 | N/A |
3/31/2023 | 96 | 28 | N/A | N/A | N/A |
12/31/2022 | 75 | 12 | -112 | 34 | N/A |
9/30/2022 | 57 | 1 | -26 | 8 | N/A |
6/30/2022 | 44 | -12 | -8 | -3 | N/A |
3/31/2022 | 37 | -18 | -8 | -6 | N/A |
12/31/2021 | 36 | -10 | -5 | -3 | N/A |
9/30/2021 | 30 | -12 | N/A | N/A | N/A |
6/30/2021 | 34 | -8 | -22 | 2 | N/A |
3/31/2021 | 37 | -2 | N/A | N/A | N/A |
12/31/2020 | 42 | 4 | -50 | 13 | N/A |
9/30/2020 | 50 | -4 | N/A | N/A | N/A |
6/30/2020 | 22 | 1 | N/A | N/A | N/A |
3/31/2020 | 35 | -29 | N/A | N/A | N/A |
12/31/2019 | 6 | -7 | -54 | -4 | N/A |
9/30/2019 | 22 | -20 | N/A | N/A | N/A |
6/30/2019 | 21 | -8 | N/A | N/A | N/A |
3/31/2019 | 23 | -49 | N/A | N/A | N/A |
12/31/2018 | N/A | -8 | 0 | 0 | N/A |
9/30/2018 | 27 | -69 | N/A | N/A | N/A |
6/30/2018 | 29 | -72 | -5 | -5 | N/A |
3/31/2018 | 28 | 7 | N/A | N/A | N/A |
12/31/2017 | 24 | 4 | -13 | -13 | N/A |
9/30/2017 | 21 | 12 | N/A | N/A | N/A |
6/30/2017 | 23 | -106 | N/A | -16 | N/A |
3/31/2017 | 25 | -151 | N/A | N/A | N/A |
12/31/2016 | 33 | -149 | N/A | -12 | N/A |
9/30/2016 | 43 | -149 | N/A | N/A | N/A |
6/30/2016 | 51 | -32 | N/A | 4 | N/A |
3/31/2016 | 60 | -23 | N/A | N/A | N/A |
12/31/2015 | 62 | -18 | N/A | 17 | N/A |
9/30/2015 | 62 | -8 | N/A | N/A | N/A |
6/30/2015 | 59 | 3 | N/A | 23 | N/A |
3/31/2015 | 54 | 2 | N/A | N/A | N/A |
12/31/2014 | 54 | 3 | N/A | 25 | N/A |
9/30/2014 | 55 | -17 | N/A | N/A | N/A |
6/30/2014 | 53 | -20 | N/A | 28 | N/A |
3/31/2014 | 52 | -25 | N/A | N/A | N/A |
12/31/2013 | 54 | -57 | N/A | 32 | N/A |
9/30/2013 | 53 | -37 | N/A | N/A | N/A |
6/30/2013 | 57 | -35 | N/A | 32 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PSHG's forecast earnings growth (6.8% per year) is above the savings rate (2.4%).
Earnings vs Market: PSHG's earnings (6.8% per year) are forecast to grow slower than the US market (14.1% per year).
High Growth Earnings: PSHG's earnings are forecast to grow, but not significantly.
Revenue vs Market: PSHG's revenue (5.3% per year) is forecast to grow slower than the US market (8.2% per year).
High Growth Revenue: PSHG's revenue (5.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PSHG's Return on Equity is forecast to be low in 3 years time (18.1%).