Ardmore Shipping (ASC) Earnings Date, Estimates & Call Transcripts

$17.01
+0.12 (+0.71%)
(As of 04/29/2024 ET)

Earnings Summary

Upcoming
Earnings Date
May. 8
Before Market Opens
Confirmed
Actual EPS
(Feb. 15)
$0.63 Beat By $0.02
Consensus EPS
(Feb. 15)
$0.61
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ASC Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

ASC Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Ardmore Shipping Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20241$0.53$0.53$0.53
Q2 20241$0.49$0.49$0.49
Q3 20241$0.51$0.51$0.51

ASC Earnings Date and Information

Ardmore Shipping last posted its earnings data on February 15th, 2024. The shipping company reported $0.63 earnings per share for the quarter, topping analysts' consensus estimates of $0.61 by $0.02. The company had revenue of $98.80 million for the quarter, compared to analysts' expectations of $64.26 million. Its quarterly revenue was down 25.6% compared to the same quarter last year. Ardmore Shipping has generated $2.73 earnings per share over the last year ($2.73 diluted earnings per share) and currently has a price-to-earnings ratio of 6.2. Earnings for Ardmore Shipping are expected to decrease by -38.24% in the coming year, from $2.72 to $1.68 per share. Ardmore Shipping has confirmed that its next quarterly earnings report will be published on Wednesday, May 8th, 2024. Ardmore Shipping will be holding an earnings conference call on Wednesday, May 8th at 10:00 AM Eastern. Interested parties can register for or listen to the call. or dial in at 646-517-4150 with passcode "95017".

Ardmore Shipping Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
5/8/2024
Confirmed)
-------  
2/15/2024Q4 2023$0.61$0.63+$0.02$0.63$64.26 million$98.80 million    
11/7/2023Q3 2023$0.43$0.49+$0.06$0.49$53.94 million$56.30 million
8/1/2023Q2 2023$0.56$0.57+$0.01$0.57$61.89 million$60.40 million
5/9/2023Q1 2023$1.04$1.04-$1.04$87.27 million$81.67 million
2/14/2023Q4 2022$1.28$1.30+$0.02$1.32$83.94 million$93.33 million
11/2/2022Q3 2022$1.40$1.54+$0.14$1.56$86.49 million$96.45 million
7/27/2022Q2 2022$0.79$0.81+$0.02$0.81$64.51 million$65.95 million    
5/4/2022Q1 2022($0.07)($0.03)+$0.04$0.17$33.61 million$36.29 million    
2/15/2022Q4 2021($0.25)($0.25)-($0.25)$29.55 million$27.87 million    
11/10/2021Q3 2021($0.34)($0.37)($0.03)($0.37)$25.99 million$24.10 million    
7/26/2021Q2 2021($0.27)($0.23)+$0.04($0.22)$26.60 million$26.78 million    
5/4/2021Q1 2021($0.28)($0.26)+$0.02($0.26)$24.92 million$25.16 million  

Ardmore Shipping Earnings - Frequently Asked Questions

When is Ardmore Shipping's earnings date?

Ardmore Shipping has confirmed that its next quarterly earnings data will be published on Wednesday, May 8th, 2024. Learn more on ASC's earnings history.

Did Ardmore Shipping beat their earnings estimates last quarter?

In the previous quarter, Ardmore Shipping (NYSE:ASC) reported $0.63 earnings per share (EPS) to beat the analysts' consensus estimate of $0.61 by $0.02. Learn more on analysts' earnings estimate vs. ASC's actual earnings.

How can I listen to Ardmore Shipping's earnings conference call?

The conference call for Ardmore Shipping's latest earnings report can be listened to online. Listen to Conference Call

How can I read Ardmore Shipping's conference call transcript?

The conference call transcript for Ardmore Shipping's latest earnings report can be read online. Read Transcript

How much revenue does Ardmore Shipping generate each year?

Ardmore Shipping (NYSE:ASC) has a recorded annual revenue of $395.98 million.

How much profit does Ardmore Shipping generate each year?

Ardmore Shipping (NYSE:ASC) has a recorded net income of $116.81 million. ASC has generated $2.73 earnings per share over the last four quarters.

What is Ardmore Shipping's price-to-earnings ratio?

Ardmore Shipping (NYSE:ASC) has a trailing price-to-earnings ratio of 6.23 and a forward price-to-earnings ratio of 6.25.

What is Ardmore Shipping's EPS forecast for next year?

Ardmore Shipping's earnings are expected to decrease from $2.72 per share to $1.68 per share in the next year, which is a -38.24% change.


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This page (NYSE:ASC) was last updated on 4/29/2024 by MarketBeat.com Staff

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