The earnings call reflected a mixed sentiment. While Danaos demonstrated strong financial stability, a robust contracted revenue backlog, and high contract coverage, there were notable challenges such as decreased adjusted EPS, increased operating costs, and lower revenues from the container segment.

Company Guidance -

Q3 2025

During the Danaos Corporation Conference Call for the second quarter of 2025, the management provided detailed guidance on the company's financial and operational metrics. They reported an adjusted EPS of $6.36 per share, down from $6.78 in the same quarter of 2024, mainly due to a $24.7 million increase in operating costs and a $3.6 million rise in net finance costs. Despite these increases, operating revenues grew by $15.9 million, driven by a $26.6 million rise due to fleet expansion and higher fleet utilization. The total contracted revenue backlog increased by $113 million since the last earnings release, reaching a total of $3.6 billion, with a 99% charter coverage for 2025 and 88% for 2026. The company's net debt stood at $224 million, with a net debt to adjusted EBITDA ratio of 0.3x, and 53 out of 84 vessels unencumbered. They declared a dividend of $0.85 per share and have $94.3 million remaining under their share repurchase program. The strong balance sheet, with cash at $546 million and total liquidity at $924 million, positions Danaos well for strategic opportunities amidst a stable charter market.

Strong Contracted Revenue Backlog

Danaos added approximately $113 million to its contracted revenue backlog since the previous earnings release, with a total contracted revenue base of $3.6 billion, providing significant insulation from short-term market fluctuations.

High Contract Coverage

Contracted charter coverage stands at 99% for 2025 and 88% for 2026, including new builds scheduled for delivery during this period.

Strong Financial Position

Danaos maintains a strong balance sheet with minimal leverage, a net debt to adjusted EBITDA ratio of 0.3x, $546 million in cash, and total liquidity of $924 million.

Dividend Declaration and Share Repurchase Program

Declared a dividend of $0.85 per share for the quarter and has $94.3 million remaining authority to repurchase stock under its $300 million share repurchase program.

Danaos (DAC) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

DAC Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 10, 2025	2025 (Q3)	7.17 / -	6.5	―	―	―
Aug 04, 2025	2025 (Q2)	6.66 / 6.36	6.78	-6.19% (-0.42)
May 13, 2025	2025 (Q1)	6.44 / 6.04	7.15	-15.52% (-1.11)
Feb 10, 2025	2024 (Q4)	6.64 / 6.93	6.99	-0.86% (-0.06)
Nov 12, 2024	2024 (Q3)	6.78 / 6.50	7.26	-10.47% (-0.76)
Aug 05, 2024	2024 (Q2)	6.92 / 6.78	7.14	-5.04% (-0.36)
May 28, 2024	2024 (Q1)	7.74 / 7.15	7.14	0.14% (+0.01)
Feb 13, 2024	2023 (Q4)	7.79 / 6.99	6.99	0.00% (0.00)
Nov 13, 2023	2023 (Q3)	7.36 / 7.26	8.71	-16.65% (-1.45)
Aug 07, 2023	2023 (Q2)	6.92 / 7.14	7.59	-5.93% (-0.45)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

DAC Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 04, 2025	$92.34	$92.82	+0.52%
May 13, 2025	$87.91	$84.70	-3.65%
Feb 10, 2025	$79.33	$82.47	+3.96%
Nov 12, 2024	$78.70	$80.24	+1.96%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Danaos Corp (DAC) report earnings?

Danaos Corp (DAC) is schdueled to report earning on Nov 10, 2025, After Close (Confirmed).

What is Danaos Corp (DAC) earnings time?

Danaos Corp (DAC) earnings time is at Nov 10, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is DAC EPS forecast?

DAC EPS forecast for the fiscal quarter 2025 (Q3) is 7.17.

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