For the quarter, the Monaco-based company reported adjusted net Income available to common stockholders of $13.3 million, or $ 0.12 per share. That beat the $0.10 average forecast of analysts.
Shares of the company rose 1.9% to $4.90 in after-hours trading
During 2018, the company ordered new buildings and acquired secondhand vessels for a total value of about $ 900 million.
Contact Dennis Fitzgerald at [email protected]