Ardmore Shipping Q4 2023 Adj EPS $0.63 Beats $0.62 Estimate, Sales $98.88M Beat $74.25M Estimate
Portfolio Pulse from Benzinga Newsdesk
Ardmore Shipping (NYSE:ASC) reported Q4 2023 adjusted EPS of $0.63, surpassing the $0.62 estimate, with sales of $98.88M exceeding the $74.25M estimate, marking a 33.17% beat and a 5.95% increase over the previous year.
February 15, 2024 | 1:02 pm
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Ardmore Shipping's Q4 2023 earnings and sales beat estimates, with adjusted EPS at $0.63 and sales of $98.88M, indicating strong performance and growth.
Ardmore Shipping's Q4 2023 earnings report exceeded analyst expectations in both earnings per share and sales, indicating a strong financial performance and potential growth. This positive earnings surprise is likely to instill investor confidence and could lead to a short-term uptick in ASC's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100