Danaos Corporation Announces Date for the Release of Fourth Quarter 2024 Results, Conference Call and Webcast
Rhea-AI Summary
Danaos (NYSE: DAC), a leading independent containership owner, has scheduled its Q4 2024 earnings release for February 10, 2025, after market close. The management will host a conference call on February 11, 2025, at 9:00 A.M. ET to discuss the results.
The company currently operates a fleet of 73 containerships with 465,463 TEUs capacity and has 16 vessels under construction adding 134,234 TEUs. Additionally, Danaos has expanded into the drybulk sector with 10 Capesize vessels totaling 1,760,861 DWT. The company's vessels are chartered to major liner companies on fixed-rate agreements.
Positive
- Large fleet of 73 containerships with significant capacity of 465,463 TEUs
- Growth pipeline with 16 vessels under construction adding 134,234 TEUs
- Strategic expansion into drybulk sector with 10 Capesize vessels
- Stable business model with fixed-rate charters to major liner companies
Negative
- None.
News Market Reaction – DAC
On the day this news was published, DAC declined 0.37%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
The Company's management team will host a conference call to discuss the results on Tuesday, February 11, 2025 at 9:00 A.M. ET.
Conference Call Details:
Participants should dial into the call 10 minutes before the scheduled time using the following numbers:
Standard International Dial-in: +44 (0) 2075 441 375
Please indicate to the operator that you wish to join the Danaos Corporation earnings call.
A telephonic replay of the conference call will be available until February 28, 2025 by dialing 1 877 344 7529 (US Toll Free Dial In) or 1-412-317-0088 (Standard International Dial In) and using 5409898# as your access code.
Audio Webcast:
A live audio webcast of the conference call will be available through the Danaos Corporation website (www.danaos.com). Participants of the live audio webcast should register on the website approximately 10 minutes prior to the start of the webcast. An archived version of the audio webcast will be available on the website within 48 hours of the completion of the call.
About Danaos Corporation
Danaos Corporation is one of the largest independent owners of modern, large-size container vessels. Our current fleet of 73 containerships aggregating 465,463 TEUs and 16 under construction container vessels aggregating 134,234 TEUs ranks Danaos among the largest container vessels charter owners in the world based on total TEU capacity. Danaos has also recently invested in the drybulk sector with the acquisition of 10 Capesize drybulk vessels aggregating 1,760,861 DWT. Our fleet is chartered to many of the world's largest liner companies on fixed-rate charters. Our long track record of success is predicated on our efficient and rigorous operational standards and environmental controls. Danaos Corporation's shares trade on the New York Stock Exchange under the symbol "DAC".
Visit our website at www.danaos.com
View original content:https://www.prnewswire.com/news-releases/danaos-corporation-announces-date-for-the-release-of-fourth-quarter-2024-results-conference-call-and-webcast-302355458.html
SOURCE Danaos Corporation
FAQ
When will Danaos (DAC) release Q4 2024 earnings?
What is the current fleet size of Danaos (DAC)?
How many drybulk vessels does Danaos (DAC) own?
When is the Q4 2024 earnings conference call for Danaos (DAC)?
How can investors access Danaos 's (DAC) Q4 2024 earnings call?
