Global Ship Lease: Q4 Earnings Snapshot

MAJURO, Marshall Islands (AP) — MAJURO, Marshall Islands (AP) — Global Ship Lease Inc. (GSL) on Monday reported earnings of $67 million in its fourth quarter.

On a per-share basis, the Majuro, Marshall Islands-based company said it had profit of $1.84. Earnings, adjusted for asset impairment costs and non-recurring costs, came to $2.49 per share.

The containership owner posted revenue of $178.9 million in the period.

For the year, the company reported profit of $304.5 million, or $8.33 per share. Revenue was reported as $674.8 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GSL at https://www.zacks.com/ap/GSL