Workflow
Ardmore Shipping (ASC) Q4 Earnings and Revenues Top Estimates
ASCArdmore Shipping(ASC) ZACKS·2025-02-13 15:16

Core Viewpoint - Ardmore Shipping (ASC) reported quarterly earnings of 0.25pershare,exceedingtheZacksConsensusEstimateof0.25 per share, exceeding the Zacks Consensus Estimate of 0.21 per share, but down from 0.63pershareayearago,indicatinga19.050.63 per share a year ago, indicating a 19.05% earnings surprise [1][2] Financial Performance - The company achieved revenues of 49.27 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 0.94%, but down from 65.71millionyearoveryear[2]Overthelastfourquarters,ArdmoreShippinghasconsistentlysurpassedconsensusEPSestimates[2]StockPerformanceandOutlookArdmoreShippingshareshavedeclinedapproximately565.71 million year-over-year [2] - Over the last four quarters, Ardmore Shipping has consistently surpassed consensus EPS estimates [2] Stock Performance and Outlook - Ardmore Shipping shares have declined approximately 5% since the beginning of the year, contrasting with the S&P 500's gain of 2.9% [3] - The company's earnings outlook is currently unfavorable, leading to a Zacks Rank 5 (Strong Sell), suggesting expected underperformance in the near future [6] Future Earnings Expectations - The current consensus EPS estimate for the upcoming quarter is 0.21 on revenues of 43.04million,andforthecurrentfiscalyear,itis43.04 million, and for the current fiscal year, it is 1.05 on revenues of $200.1 million [7] Industry Context - The Transportation - Shipping industry is currently ranked in the bottom 8% of over 250 Zacks industries, indicating potential challenges for stocks within this sector [8]