Ardmore Shipping Corp <ASC.N> expected to post earnings of 13 cents a share - Earnings Preview
Ardmore Shipping Corp ASC.N, ASC is expected to show a fall in quarterly revenue when it reports results on May 7 for the period ending March 31 2025
The Hamilton Bermuda-based company is expected to report a 50.1% decrease in revenue to $53.066 million from $106.3 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.
LSEG's mean analyst estimate for Ardmore Shipping Corp is for earnings of 13 cents per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."
The mean earnings estimate of analysts had fallen by about 16.3% in the last three months.
Wall Street's median 12-month price target for Ardmore Shipping Corp is $13.00, above its last closing price of $9.81.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Dec. 31 2024 | 0.27 | 0.31 | 0.25 | Missed | -18.7 |
Sep. 30 2024 | 0.53 | 0.62 | 0.55 | Missed | -11.6 |
Jun. 30 2024 | 1.08 | 1.02 | 1.13 | Beat | 10.5 |
Mar. 31 2024 | 0.85 | 0.83 | 0.92 | Beat | 10.3 |
Dec. 31 2023 | 0.62 | 0.62 | 0.63 | Beat | 1 |
Sep. 30 2023 | 0.44 | 0.44 | 0.49 | Beat | 11.7 |
Jun. 30 2023 | 0.56 | 0.56 | 0.57 | Beat | 2.2 |
Mar. 31 2023 | 1.01 | 1.01 | 1.04 | Beat | 3.5 |
This summary was machine generated May 5 at 13:47 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
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