Ardmore Shipping: Q1 Earnings Insights

Ardmore Shipping 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.

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.

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.

Earnings Calendar