The earnings call showcases a mix of positive financial improvements and strategic investments, contrasted by challenges in the broader market affecting time charter revenues and cash reserves. Despite these challenges, the company has managed to improve net income and maintain high fleet utilization.
Company Guidance -
Q3 2025
During the Diana Shipping Inc. Second Quarter 2025 Financial Results Conference Call, several key metrics were highlighted. The fleet utilization rate reached 99.5%, demonstrating effective vessel management, while the time charter equivalent rate improved by 3% to $15,492 compared to the same quarter last year. Despite a 2% drop in time charter revenues to $54.7 million from the previous year, net income significantly increased to $4.5 million, reversing a net loss of $2.8 million in Q2 2024. The company's net debt stands at 46% of market value, supported by $150 million in cash reserves. Diana Shipping also declared a quarterly cash dividend of $0.01 per common share, totaling approximately $1.16 million. Additionally, the company secured time charters for three vessels, achieving notable daily rates, such as $25,000 for a Newcastlemax vessel over 442 days. The presentation also included insights into the fleet's average age of 11.7 years, an anticipated delivery of new vessels, and strategic investments, including a 7.72% stake in Genco Shipping & Trading Limited. The company maintained a strong balance sheet with a mix of fixed and variable rate debt instruments and a steady debt amortization profile extending to 2032.
Net Income Improvement
Net income for the second quarter of 2025 improved significantly to $4.5 million compared to a net loss of $2.8 million for the second quarter of 2024.
Fleet Utilization
Fleet utilization reached 99.5% for the second quarter of 2025, highlighting effective vessel management.
Strong Cash Reserves
The company has $150 million in cash reserves as of quarter end.
Strategic Investment in Genco
Diana Shipping initiated a position at Genco Shipping & Trading Limited, owning a 7.72% stake as of July 17, 2025.
Successful Chartering Strategy
Secured time charters for 3 vessels with favorable daily rates, demonstrating a disciplined chartering strategy.
Diana Shipping (DE:DSZ) 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
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
DE:DSZ Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Jul 30, 2025
€1.36
€1.40
+2.56%
May 29, 2025
€1.26
€1.20
-4.37%
Feb 25, 2025
€1.68
€1.66
-1.07%
Nov 25, 2024
€1.92
€1.74
-9.26%
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 Diana Shipping Inc (DE:DSZ) report earnings?
Diana Shipping Inc (DE:DSZ) is schdueled to report earning on Nov 12, 2025, Before Open (Confirmed).
What is Diana Shipping Inc (DE:DSZ) earnings time?
Diana Shipping Inc (DE:DSZ) earnings time is at Nov 12, 2025, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.