Danaos Corporation (DAC) Earnings

79.54 ↑1.51 (1.94%)
As of December 31, 1969, 7:00pm EST.
Last earnings report date: 0000-00-00Next earnings report date: N/A

Should You Buy DAC Before Earnings?

Based on the last three years of earnings reports, buying DAC stock within four weeks before its earnings date yielded an average return of 2.17%.

The best time to buy before earnings was 14 days before, which yielded an average return of 3.14% by the earnings date. The worst time was 1 day before, which yielded an average return of 0.09%.

Report dates analyzed: May 9 2022 - Feb 11 2025*

Disclaimer: Past performances is not a guarantee of future results.

Should You Buy DAC After Earnings?

Based on the last three years of earnings reports, on average, DAC has gone down -0.32% shortly after its earnings date. The stock bottoms around 28 day after earnings, where it is on average -1.15% lower than its closing price on the day of earnings.

Since DAC has typically gone down after earnings, it might be a good time to buy the dip if you believe in the stock long-term.

Report dates analyzed: May 9 2022 - Feb 11 2025*

Disclaimer: Past performances is not a guarantee of future results.

Average Gains

The average return if you bought Danaos Corporation before its earnings report and sold at close on its earnings day.

Period
Past 4 Earnings
0.00%

0.00%

0.00%

0.00%

0.00%

0.00%
Past 8 Earnings
-0.29%

0.38%

1.14%

1.18%

0.53%

0.36%
Past 12 Earnings
2.99%

2.34%

3.14%

2.30%

0.09%

0.11%

DAC Earnings History

Report Date
2025-02-11N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
2024-11-11N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
2024-08-05N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
2024-05-13N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
2024-02-1276.55
-0.64%
75.37
0.92%
76.39
-0.43%
74.37
2.27%
74.34
2.31%
76.06
1.45%
N/AN/AN/AN/AN/A
2023-11-0667.17
-2.31%
65.86
-0.36%
65.85
-0.35%
66.82
-1.80%
66.49
-1.31%
65.62
-0.86%
65.03
-0.90%
63.34
-3.48%
68.81
4.86%
69.46
5.85%
71.44
8.87%
2023-07-3168.39
2.97%
69.19
1.78%
66.31
6.20%
66.88
5.29%
71.19
-1.08%
70.42
-1.51%
69.51
-1.29%
68.17
-3.20%
69.15
-1.80%
69.63
-1.12%
65.85
-6.49%
2023-05-1560.43
-2.37%
58.57
0.73%
56.89
3.71%
56.92
3.65%
56.58
4.28%
59.00
3.76%
61.70
4.58%
59.61
1.03%
58.20
-1.36%
60.69
2.86%
64.82
9.86%
2023-02-0654.28
11.48%
55.79
8.46%
57.68
4.91%
58.10
4.15%
60.00
0.85%
60.51
1.15%
61.61
1.82%
60.84
0.55%
59.65
-1.42%
60.08
-0.71%
57.91
-4.30%
2022-11-0754.58
13.16%
58.31
5.92%
58.34
5.86%
56.70
8.92%
60.80
1.58%
61.76
1.25%
58.93
-4.58%
59.05
-4.39%
56.81
-8.02%
54.98
-10.98%
53.71
-13.03%
2022-08-0160.02
22.44%
59.07
24.41%
63.58
15.59%
67.80
8.39%
73.13
0.49%
73.49
-0.69%
76.24
3.74%
75.99
3.40%
73.33
-0.22%
69.95
-4.82%
64.84
-11.77%

Methodology

We analyzed the past three years of DAC's earnings reports to calculate the average change in price of the stock before and after earnings.

Before Earnings

For calculating the average gains if you bought prior to earnings, we looked at the closing price of 5 different dates and compared them to the closing price of DAC on the day of the earnings report to calculate the return. The dates analyzed are:

  • 28 days prior (4 weeks)
  • 21 days prior (3 weeks)
  • 14 days prior (2 weeks)
  • 7 days prior (1 week)
  • 1 day prior

This simulates an individual purchasing DAC stock on one of those days and selling on the day of the earnings report.

After Earnings

For calculating the average gains if you bought DAC stock on the day of earnings, we looked at the closing price of DAC on the day of the earnings and then compared it to 5 dates after. The dates analyzed are:

  • 1 day after
  • 7 days after (1 week)
  • 14 days after (2 weeks)
  • 21 days after (3 weeks)
  • 28 day after (4 weeks)

This simulates an individual purchasing DAC stock on the day of the earnings report and then selling on one of the dates following.

Day of

To calculate the gains on the day of earnings, we compared the opening price of DAC to the closing price on the day of earnings - regardless if the earnings call was pre- or post-market.

Discussions

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foreverbullish

$DAC come on bulls we can do it
don’t let bears win

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BretJohns

$DAC lets see if it can hold the line

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john_joes_mma

$DAC I hope I never have to work for anyone again after this

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