Analyst Jon Windham explains the revisions come after a first half in which OOIL booked a stronger than projected performance.
For the full year Windham has hiked his forecast from $0.29 to $0.53 per share, which translates to a gain of $330m. Consensus is for a profit of $0.44 per share.
The analyst explains OOIL will see a reduction in operating expenses accelerate this year thanks to the arrival of eight 14,000-teu boxships during the past 12 months.
In
