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Greece's StealthGas Q4 revenue falls 9% yr/yr after loss from Eco Wizard vessel incident

ReutersMar 2, 2026 2:11 PM


Overview

  • Greece-based LPG shipowner's Q4 revenue fell 9% yr/yr, missing analyst expectations

  • Co reports Q4 adjusted EPS of $0.36

  • Company repaid $85.9 mln in debt during 2025, becoming debt-free


Outlook

  • Company has 48% of fleet days secured under period contracts for remainder of 2026

  • Company expects $66 mln in contracted revenues for remainder of 2026


Result Drivers

  • ECO WIZARD INCIDENT - Revenue decline attributed to loss of revenue from Eco Wizard, offset by fleet expansion

  • HIGHER VOYAGE EXPENSES - Increased spot market days led to higher voyage expenses, impacting profitability

  • DEBT REPAYMENT - Company repaid $85.9 mln in debt during 2025, becoming debt-free


Company press release: ID:nGNX4zK8r1


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q4 Revenue

Miss

$39.4 mln

$39.80 mln (1 Analyst)

Q4 Adjusted EPS

Beat

$0.36

$0.32 (1 Analyst)

Q4 Adjusted Net Income

Beat

$13.3 mln

$11.50 mln (1 Analyst)

Q4 Basic EPS

$0.34

Q4 EBITDA

$17.3 mln


Analyst Coverage

  • The one available analyst rating on the shares is "buy"

  • The average consensus recommendation for the oil & gas transportation services peer group is "buy"

  • The stock recently traded at 7 times the next 12-month earnings vs. a P/E of 5 three months ago


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

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