Ardmore Shipping (NYSE: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.
