Jefferies has raised its outlook on Danaos Corp after the boxship owner bought six secondhand boxships, bringing its fleet count to 71 vessels.
The John Coustas-led company announced on Wednesday that it acquired the 5,466-teu vessels for $260m with expectations that they will add $71m in revenue and $19.5m in annual Ebitda over two years.
Jefferies raised its 2022 earnings per share estimate to $20.03
