Performance Shipping Q1 EPS $0.76 Beats $0.20 Estimate, Sales $21.33M Beat $20.23M Estimate

Performance Shipping (NASDAQ:PSHG) reported quarterly earnings of $0.76 per share which beat the analyst consensus estimate of $0.20 by 280 percent. This is a 162.07 percent increase over earnings of $0.29 per share from the same period last year. The company reported quarterly sales of $21.33 million which beat the analyst consensus estimate of $20.23 million by 5.45 percent. This is a 4.64 percent decrease over sales of $22.37 million the same period last year.