Danaos Navigates Rough Waters: Q1 Earnings Fall Short Despite Revenue Growth And Strategic Expansions
Danaos Navigates Rough Waters: Q1 Earnings Fall Short Despite Revenue Growth And Strategic Expansions
Danaos Corporation (NYSE:DAC) shares are trading lower after it reported first-quarter FY24 results.
達瑙斯公司（紐約證券交易所代碼：DAC）在公佈24財年第一季度業績後股價走低。
Operating revenues increased by 4.0% Y/Y to $253.4 million, missing the consensus of $256.0 million.
營業收入同比增長4.0％，達到2.534億美元，未達到預期的2.560億美元。
Vessel operating expenses increased by $2.5 million to $43.1 million in the quarter due to an increase in the average number of vessels in the fleet due to recent dry bulk vessels acquisitions.
本季度船舶運營費用增加了250萬美元，達到4,310萬美元，這是由於最近收購幹散貨船導致船隊平均船隻數量增加。
Adjusted EBITDA declined to $177.2 million from $179.0 million a year ago. Adjusted EPS of $7.15 missed the consensus of $7.74.
調整後的息稅折舊攤銷前利潤從去年同期的1.790億美元降至1.772億美元。調整後的每股收益爲7.15美元，未達到7.74美元的共識。
In the quarter, Danaos had an average of 68.0 container vessels and 7.0 Capesize drybulk vessels.
在本季度，達瑙斯平均擁有68.0艘集裝箱船和7.0艘Capesize幹散貨船。
As of March-end, the container vessels utilization stood at 97.3%, higher than 96.8% a year ago quarter, led by decreased days of scheduled dry-docking of the vessels.
截至3月底，集裝箱船舶利用率爲97.3％，高於去年同期的96.8％，這是由於船舶定期幹停天數減少所致。
In the quarter, the company secured multi-year chartering agreements for all of its 14 newbuildings and added around $423 million to its contracted revenue backlog, which currently stands at $2.5 billion with an average charter duration of 2.9 years.
在本季度，該公司爲其所有14座新建築簽訂了多年期租賃協議，並增加了約4.23億美元的合同收入積壓，目前積壓收入爲25億美元，平均租用期爲2.9年。
Dividend: Danaos declared a dividend per share of $0.80 for the first quarter of 2024, payable on June 20 to stockholders of record as of June 11.
股息：達瑙斯宣佈2024年第一季度的每股股息爲0.80美元，將於6月20日支付給截至6月11日的登記股東。
Buyback: As of the date of this release, Danaos repurchased shares worth $104.4 million under its share repurchase program of up to $200 million announced in June 2022, as amended on November 10, 2023.
回購：截至本次發佈之日，達瑙斯根據其於2022年6月宣佈的高達2億美元的股票回購計劃，回購了價值1.044億美元的股票，該計劃於2023年11月10日修訂。
The company's contracted operating days' charter coverage for the containership fleet is 99% for 2024 and 69% for 2025.
該公司集裝箱船隊的合同運營日包租承保範圍在2024年爲99％，在2025年爲69％。
As of March-end, Danaos's cash and equivalents were $324.3 million.
截至3月底，達瑙斯的現金及等價物爲3.243億美元。
John Coustas, CEO, said, "The container market continued to strengthen in the first quarter of 2024, a trend that has continued into the second quarter. Both charter and box rates are gaining momentum, and we have completed all necessary rechartering activity in excess of our internal forecasts."
首席執行官約翰·庫斯塔斯表示：“集裝箱市場在2024年第一季度繼續走強，這一趨勢一直持續到第二季度。包機費率和箱裝費率都在增強，我們已經完成了所有必要的充值活動，超出了我們的內部預期。”
"The renewed optimism in the market extends to the longer term view of the charterers, who are making charter commitments on newbuilding vessels with deliveries scheduled from 2025 through the end of 2027."
“市場重新出現的樂觀情緒延伸到租船人的長期視角，他們正在對新造船舶做出租船承諾，計劃於2025年至2027年底交付。”
Price Action: DAC shares are down 1.93% at $88.84 at the last check Tuesday.
價格走勢：在週二的最後一次檢查中，DAC股價下跌1.93％，至88.84美元。
譯文內容由第三人軟體翻譯。