Ardmore Shipping Q2 revenue, profit beats expectations
Overview
Ardmore Shipping Q2 adj attributable net income falls to $9.0 mln from $47.6 mln in 2024
Q2 revenue of $72.0 mln missed analyst expectations, per LSEG data
Co to acquire three MR tankers for $103.9 mln, deliveries by Q3 2025
Outlook
Ardmore expects Q3 MR Eco-Design tanker TCE rate at $25,450 per day
Company anticipates Q3 chemical tanker TCE rate at $21,650 per day
Ardmore cites geopolitical tensions affecting shipping industry demand
Company highlights economic uncertainty impacting future vessel demand
Result Drivers
SPOT MARKET CHALLENGES - Decrease in spot rates and fewer spot revenue days led to a significant drop in revenue
GEOPOLITICAL IMPACT - Geopolitical conflicts have disrupted trading patterns and contributed to increased spot tanker rates
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Revenue | Beat | $72 mln | $44.90 mln (3 Analysts) |
Q2 Adjusted EPS | Beat | $0.22 | $0.17 (3 Analysts) |
Q2 EPS |
| $0.22 |
|
Q2 Adjusted Attributable Net Income | Beat | $9 mln | $7.64 mln (3 Analysts) |
Q2 Net Income |
| $9 mln |
|
Press Release: ID:nPn3hJHF9a
Related Articles
What Is Worldcoin? Why Did WLD Surge Suddenly, and What’s Next?
Worldcoin is evolving from a “hype token” into a foundational layer for global identity. Its fusion of biometrics, blockchain, and financial inclusion has earned growing recognition from users and institutions. If it can overcome technical hurdles, launch real-world payment use cases, and stabilize
Why Does Hyperliquid Keep Hitting New Highs? Can HYPE Continue Its Rally?
Hyperliquid is a decentralized derivatives trading platform launched in 2023, designed to deliver high-performance, low-latency, permissionless trading. Its mission is to offer a self-custodied and transparent experience that rivals, or even surpasses, centralized exchanges (CEXs) — earning it the n
U.S. August CPI Preview: Persistent Rise in Inflation, What Impact on Rate Cuts? And on US Stocks?
TradingKey - On 11 September 2025, the U.S. will publish August CPI data. Consensus forecasts indicate a 0.3% month-over-month increase for both headline CPI and core CPI. As a result, headline CPI year-over-year may climb to 2.9%, up from 2.7%
Fed to Cut Rates: All Asset Prices Up!
TradingKey - The Federal Reserve is almost certain to restart its interest rate cut cycle on 17 September this year. After in-depth research, we have concluded that cryptocurrencies, the broader U.S. stock market, and short-term U.S. Treasury bonds will all go up.
.jpg)
