As for its fourth-quarter numbers, 13 analysts are targeting a profit of 26 cents a share on average for DryShips, up from 19 cents a year ago. The range is fairly wide, with 31 cents on the high end and 19 cents on the low.

Revenue is expected to come to $221 million, according to the consensus Wall Street estimate, up from $193 million a year ago.

DryShips stock was trading Wednesday afternoon at $4.97, up a penny from the previous session. The 52-week high came almost a year ago, in mid-April 2010, when the stock touched $6.82.

-- Written by Scott Eden in New York

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Disclosure: TheStreet's editorial policy prohibits staff editors and reporters from holding positions in any individual stocks.

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