Shareholders in Diamond S Shipping Inc. (NYSE:DSSI) may be thrilled to learn that the analysts have just delivered a major upgrade to their near-term forecasts. The revenue forecast for this year has experienced a facelift, with the analysts now much more optimistic on its sales pipeline.

After the upgrade, the three analysts covering Diamond S Shipping are now predicting revenues of US$805m in 2020. If met, this would reflect a decent 17% improvement in sales compared to the last 12 months. Before the latest update, the analysts were foreseeing US$727m of revenue in 2020. The consensus has definitely become more optimistic, showing a nice gain to revenue forecasts.

See our latest analysis for Diamond S Shipping

NYSE:DSSI Past and Future Earnings May 10th 2020NYSE:DSSI Past and Future Earnings May 10th 2020

There was no

Read More At Article Source | Article Attribution