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Seaspan Corporation Q4 Income Drops

Seaspan Corporation (SSW) announced a profit for fourth quarter that declined compared to the same period last year.

The company said its bottom line declined to $35.98 million, or $0.16 per share. This was lower than $38.75 million, or $0.21 per share, in last year's fourth quarter.

The company said revenue for the quarter rose 0.6% to $214.38 million. This was up from $213.19 million last year.

Seaspan Corporation earnings at a glance:

-Earnings (Q4): $35.98 Mln. vs. $38.75 Mln. last year.
-Earnings Decline (Y-o-Y): -7.1%
-EPS (Q4): $0.16 vs. $0.21 last year.
-EPS Decline (Y-o-Y): -23.8%
-Revenue (Q4): $214.38 Mln vs. $213.19 Mln last year.
-Revenue Change (Y-o-Y): 0.6%

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