
The shipping company's shares gained as the S&P 500 fell, while consensus estimates point to higher quarterly earnings and revenue.
Seanergy Maritime Holdings shares closed at $17.63, up 2.26% in the latest session. The S&P 500 fell 0.47%, while the Dow rose 0.1% and the Nasdaq dropped 1.25%.
Ahead of the company’s upcoming earnings report, Zacks consensus estimates project earnings per share of $0.77, up 14.93% from the year-earlier quarter. Revenue is forecast at $50.69 million, a 7.87% increase.
For the full year, Zacks estimates earnings of $3.57 per share and revenue of $201.97 million. Those forecasts represent increases of 178.91% and 27.75%, respectively, from the previous year.
This article was produced with the help of AI technology. Source: Yahoo Finance