Want to see HSHP full AI Analyst Report?
Earnings Data
Report Date
Aug 11, 2026TBA (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.49Last Year’s EPS
0.02Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presents a clear operational and financial improvement with a quarter-to-quarter turnaround to profitability, strong revenue and EBITDA growth, materially higher TCEs, successful premium charters, solid cash generation and continued dividends. These positives are supported by constructive market fundamentals (ton-mile growth, bauxite and iron ore flows) and constrained supply dynamics. Offsetting risks include rising vessel operating costs, significant sale-leaseback leverage, concentrated commodity exposure, and elevated spot-market exposure that can increase volatility. Overall, highlights materially outweigh the lowlights.Company Guidance
Financial Turnaround to Profitability
Net profit of $5.0 million in Q1 2026 versus a net loss of $6.4 million in Q1 2025, delivering EPS of $0.11 compared to a loss per share of $0.14 a year earlier — a clear quarter-to-quarter turnaround.
Strong Revenue and EBITDA Growth
Operating revenues of $33.6 million in Q1 2026 versus $22.0 million in Q1 2025 (up ~52.7%), and EBITDA of $24.5 million versus $13.8 million (up ~77.5%). Operating profit rose to $17.2 million from $6.5 million (up ~165%).
Substantial Increase in Time Charter Equivalent (TCE)
TCE improved to ~$32,300/day in Q1 2026 from $21,100/day in Q1 2025 — an increase of ~53.1%. Subsequent April 2026 TCE showed further improvement to ~$41,600/day.
Commercial Wins: Premium Index-Linked Charters
New index time charter agreements for Mount Ita and Mount Matterhorn (11–14 and 12–14 months) and a new 12–14 month charter for Mount Emai — all at significant premiums to prevailing indices and Baltic Capesize Index, capturing market upside while providing medium-term visibility.
Strong Cash Generation and Distributions
Cash flow from operations of $9.8 million in Q1 2026 versus $0.3 million in Q1 2025. Cash and cash equivalents were $24.5 million at quarter end. The company declared cash distributions totalling $0.18 per share for Jan–Mar 2026 and a subsequent $0.15 distribution for April 2026; the company has paid 28 consecutive monthly dividends.
Increased Strategic Ownership
Agreement to acquire an additional 4,200 shares in 2020 Bulkers Management AS for NOK 1.1 million, increasing ownership from 40% to 54% (effective April 1, 2026), strengthening strategic influence and potential earnings consolidation.
Modern, Efficient Fleet and ESG Positioning
Fleet of 12 modern Newcastlemaxes with dual-fuel LNG rated in the top 1% for emissions among large bulk carriers; competitive vessel design delivering a historical average ~48% premium to the Baltic Capesize Index and ~25% premium to peers.
Favorable Market Fundamentals — Ton-Mile and Commodity Tailwinds
Capesize tonne-mile increased ~4.3% YoY in Q1 2026. Bauxite exports from Guinea rose ~23% YoY and now account for ~20% of cargo on Capes and Newcastlemaxes. Global iron ore flows also supportive (+4.8% contribution), with new Simandou volumes ramping up — all supporting stronger demand and higher rates.
Supply-Side Support for Rates
Capesize/Newcastlemax orderbook remains small (~14% of existing fleet), active shipyards down ~60% from 2008 peaks, and a rapidly aging fleet (46% built 2009–2015) — all pointing to constrained near-term supply growth and favorable rate dynamics.
HSHP Earnings History
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
HSHP Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 21, 2026 | $15.03 | $14.88 | -0.98% |
Feb 10, 2026 | $10.31 | $10.89 | +5.69% |
Nov 06, 2025 | $7.09 | $7.14 | +0.66% |
Aug 08, 2025 | $6.53 | $6.47 | -0.96% |
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 Himalaya Shipping Ltd. (HSHP) report earnings?
Himalaya Shipping Ltd. (HSHP) is schdueled to report earning on Aug 11, 2026, TBA (Confirmed).
What is Himalaya Shipping Ltd. (HSHP) earnings time?
Himalaya Shipping Ltd. (HSHP) earnings time is at Aug 11, 2026, TBA (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 HSHP EPS forecast?
HSHP EPS forecast for the fiscal quarter 2026 (Q2) is 0.49.