Recap: StealthGas Q2 Earnings

Shares of StealthGas GASS moved higher by 15% after the company reported Q2 results.

Quarterly Results

Earnings per share rose 2400.00% over the past year to $0.25, which beat the estimate of $0.02.

Revenue of $36,252,000 rose by 6.36% from the same period last year, which beat the estimate of $31,000,000.

Looking Ahead

Earnings guidance hasn't been issued by the company for now.

StealthGas hasn't issued any revenue guidance for the time being.

Details Of The Call

Date: Aug 21, 2020

Time: 11:00 AM

ET Webcast URL: https://www.stealthgas.com/investor-relations-mainmenu-99.html

Recent Stock Performance

Company's 52-week high was at $3.80

Company's 52-week low was at $1.51

Price action over last quarter: Up 14.65%

Company Overview

StealthGas Inc is an international shipping transportation company. It owns liquefied petroleum gas (LPG) pressurized carriers and provides international seaborne transportation services to LPG producers and users, as well as crude oil and product carriers to oil producers, refineries and commodities traders worldwide. The company carriers carry various petroleum gas products in liquefied forms, such as propane, butane, butadiene, isopropane, propylene, and vinyl chloride monomer, which are all byproducts of the production of crude oil and natural gas.