Overseas Shipholding Group Reports Third Quarter 2020 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/18/2026
- Tech selloff weighs down Wall Street as bond yields climb
- Baidu slips as Q2 results miss estimates despite growth in AI cloud business
- Nvidia or Sandisk? BofA reveals which stock is under-owned and which is crowded
- Home Depot beats estimates, reaffirms fiscal 2026 guidance
- Citi says positioning risk is shifting from short squeezes to profit-taking
- Wall Street indexes slip as oil prices rise, retail results awaited
- Tech selloff weighs down Wall Street as bond yields climb
- Micron rises as White House presses Apple to avoid Chinese memory chips
- BofA sees Micron EPS topping $230 by FY30, calls peak fears overblown
- Francisco Partners to acquire Weave Communications for $650M
UPDATE: Overseas Shipholding Group (OSG) Reports Q3 Loss of $0.01 on Revenues of $107.7M
November 6, 2020 7:35 AM EST(Updated - November 6, 2020 7:36 AM EST)
Overseas Shipholding Group (NYSE: OSG) reported Q3 EPS of ($0.01), versus ($0.04) reported last year. Revenue for the quarter came in at $107.7 million, versus $80.93 million reported last year.
Highlights
Net loss for the third quarter 2020 was $0.7 million, or $(0.01) per diluted share, compared with a net loss of $3.8 million, or $(0.04) per diluted share, for the third quarter 2019.Shipping revenues for the third quarter 2020 were $105.7 million, up 30.7% compared with the third quarter 2019.Time charter equivalent (TCE) revenues(A), a non-GAAP measure, for the third quarter 2020 were... More