DALLAS, March 9, 2011 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces an investment report featuring DryShips Inc. (Nasdaq:DRYS). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.
The full report is available at:
DryShips Inc., (DRYS) engages in the ocean transportation services of drybulk cargoes worldwide through the ownership and operation of the drybulk carrier vessels and deepwater drilling rig services through the ownership of ultra-deep water drilling rigs. As of January 4, 2011, the Company owns a fleet of 39 drybulk carriers (including newbuildings), comprising 7 Capesize, 30 Panamax and 2 Supramax, with a combined deadweight tonnage of over 3.5 million tons and 6 offshore ultra deepwater drilling units, comprising of 2 ultra deepwater semisubmersible drilling rigs and 4 ultra deepwater newbuilding drillships, three of which will be delivered to the Company this year.
The Company was founded in 2004 and is based in Athens, Greece.
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In the report, the analyst notes:
"On average, analysts expect DRYS to report fourth-quarter earnings of 25 cents per share and revenue of $222 million, which is ahead of last year's figure of $193.46 million. In the previous quarter, the Company posted adjusted earnings of 38 cents per share on revenue of $225.5 million. Analysts had predicted earnings and revenue estimates of 25 cents share and $216.92 million in sales, respectively.
"In the previous quarter, the Company posted adjusted earnings of 38 cents per share on revenue of $225.5 million. Analysts had predicted earnings and revenue estimates of 25 cents share and $216.92 million in sales, respectively."
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