Performance Shipping Q1 EPS $0.26 Beats $0.23 Estimate, Sales $33.771M Beat $31.780M Estimate

Performance Shipping (NASDAQ:PSHG) reported quarterly earnings of $0.26 per share which beat the analyst consensus estimate of $0.23 by 13.04 percent. This is a 65.79 percent decrease over earnings of $0.76 per share from the same period last year. The company reported quarterly sales of $33.771 million which beat the analyst consensus estimate of $31.780 million by 6.26 percent. This is a 58.30 percent increase over sales of $21.333 million the same period last year.