NYSE$TOPS

TOP Ships Inc · Q2 2024 earnings

Q2 2024 earnings · · Investor relations

Briefing

TOPS Q2 2024 — $6.7M revenue, 10.00 EPS

The following management's discussion and analysis is intended to discuss our financial condition, changes in financial condition and results of operations for the six months ended June 30, 2023 and 2. TOP Ships Inc reported Q2 2024 results. Diluted EPS came in at $10.00. Net income of $2K. Headline numbers extracted from the Form 6-K press release; narrative is light because this row was processed without an LLM call.

  • Revenue: $6.7M.
  • Diluted EPS: $10.00.
  • Net income: $2K.
  • Operating income: $16K.

Headline financials

Total Revenue

$42.1M

Previous: $41.1M+2.2%
EPS (adj)

$0.42

Previous: $1.57-73.2%
Operating Income

$14.3M

Previous: $16.3M-12.2%
Gross Profit

$42.1M

Previous: $41.1M+2.2%

Revenue & EPS history

TOP Ships · Revenue · Quarterly

$42.1M

Q2 2024+2.2%vs Q2 2023
Beat estimate in 2 of 5 quarters(40%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 11 quarterly earnings reports · overlaid with Q2 2024

Historical avgQ2 2024

+0.5%

Avg return

Earnings day

+8.7%

Avg return

5 days after

-5.2%

Avg return

30 days after

40%

8 / 20 earnings

Positive

+27.3%

Q2 2022

Best reaction

-15.6%

Q4 2013

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2024+3.9%+8.0%-11.0%
Q2 2023+12.7%+15.5%+1.4%
Q4 2022+0.0%-2.3%-18.2%
Q3 2024-3.3%-6.6%-6.6%
Q2 2022+27.3%+27.7%+99.2%
Q4 2021+3.2%-2.1%-29.5%
Q2 2021+8.7%+4.7%+18.9%
Q4 2020+11.3%+22.0%+2.0%
Q4 2017-14.6%+60.2%-53.7%
Q2 2015-5.2%-15.7%-30.1%
Q2 2016-5.2%-15.7%-30.1%
Q4 2015-4.4%
Q4 2014-7.5%
Q3 2014-1.2%
Q2 2014-2.5%
Q4 2013-15.6%
Q4 2012-5.8%
Q4 2011-1.4%
Q2 2011+2.9%
Q3 2010+6.2%

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