Excel Maritime Carriers Ltd.(fka EXMCQ)

[eastunder]

Q1 Adj EPS 11c vs (18c) Misses 17c Est

Wednesday, May 05, 2010 17:49ET

QUARTER RESULTS
Excel Maritime Carriers Limited (EXM) reported Q1 results ended March 2010. Q1 Revenues were $104.20M; +12.28% vs yr-ago; MISSING revenue consensus by -0.15%. Q1 EPS was 82c. Adjusted Q1 EPS was 11c; +161.11% vs yr-ago; MISSING earnings consensus by -35.29%.

Q1 RESULTS      Reported      Year-Ago     Y/Y Chg      Estimate    SURPRISE 
 ----------  ------------  ------------  ----------  ------------  ---------- 
 Revenues:       $104.20M       $92.80M     +12.28%      $104.36M      -0.15% 
 ----------  ------------  ------------  ----------  ------------  ---------- 
 EPS:                 82c           N/A         N/A           N/A         N/A 
 Adj EPS:             11c         (18c)    +161.11%           17c     -35.29% 
 ----------  ------------  ------------  ----------  ------------  ----------