Skip to main content

Market Overview

Ardmore Shipping: Q4 Earnings Insights

Share:

 

Shares of Ardmore Shipping (NYSE:ASC) were unchanged after the company reported Q4 results.

Quarterly Results

Earnings per share decreased 587.50% over the past year to ($0.39), which were in line with the estimate of ($0.39).

Revenue of $21,837,000 decreased by 42.65% from the same period last year, which missed the estimate of $24,640,000.

Looking Ahead

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

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

Conference Call Details

Date: Feb 10, 2021

Time: 10:00 AM

ET Webcast URL: https://www.webcaster4.com/Webcast/Page/1191/39772

Technicals

52-week high: $7.92

52-week low: $2.61

Price action over last quarter: Up 38.17%

Company Description

Ardmore Shipping Corp owns and operates a fleet of mid-size product and chemical tankers, which provide seaborne transportation of petroleum products and chemicals across the globe. The company is focused on fuel efficiency and cost leadership, and it provides its shipping services to customers through voyage charters, commercial pools, and time charters. Its main customers are oil majors, national oil companies, oil and chemical traders, and chemical companies.

 

Related Articles (ASC)

View Comments and Join the Discussion!

Posted-In: BZI-RecapsEarnings News

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com