Ardmore Shipping: Q1 Earnings Insights

 

Ardmore Shipping ASC reported its Q1 earnings results on Wednesday, May 4, 2022 at 08:00 AM.

Here's what investors need to know about the announcement.

Earnings

Ardmore Shipping beat estimated earnings by 80.0%, reporting an EPS of $-0.03 versus an estimate of $-0.15.

Revenue was up $38.21 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.01 which was followed by a 3.09% increase in the share price the next day.

Here's a look at Ardmore Shipping's past performance:

 

Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021
EPS Estimate -0.24 -0.35 -0.27 -0.31
EPS Actual -0.25 -0.37 -0.23 -0.26
Revenue Estimate 28.56M 25.00M 30.95M 24.86M
Revenue Actual 27.87M 47.20M 26.78M 25.16M

To track all earnings releases for Ardmore Shipping visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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