NEW YORK (Thomson Financial) - Quintana Maritime Ltd. reported third-quarter
adjusted earnings of $22.1 million, or 39 cents a share, exceeding the mean
estimate of analysts surveyed by Thomson Financial of 36 cents a share.
Revenue rose to $64 million from $25 million in the same period a year ago,
topping analyst forecasts of $62 million, with growth in time charter revenue
offsetting weaker performances in voyage revenue and commissions.
Shares of the Athens, Greece dry bulk transportation services provider
closed Monday's regular session at $25.78.
Tomi Kilgore
tk1/gm
COPYRIGHT
Copyright Thomson Financial News Limited 2007. All rights reserved.
The copying, republication or redistribution of Thomson Financial News Content,
including by framing or similar means, is expressly prohibited without the prior
written consent of Thomson Financial News.
|