StealthGas Q4 2023 Adj Basic EPS $0.29, Sales $34.10M Beat $33.90M Estimate
Portfolio Pulse from Benzinga Newsdesk
StealthGas (NASDAQ:GASS) reported Q4 2023 earnings of $0.29 per share, missing the consensus estimate of $0.30 by 3.33%. Sales were $34.10M, slightly above the $33.90M estimate but represent a 20.19% decrease from the same period last year.
February 21, 2024 | 2:14 pm
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StealthGas reported Q4 2023 earnings of $0.29 per share, missing estimates by 3.33%, with sales of $34.10M, slightly above estimates but down 20.19% YOY.
The slight miss in earnings per share (EPS) compared to analyst expectations and the significant year-over-year decrease in sales are likely to negatively impact investor sentiment towards GASS in the short term. Although the sales beat the estimate, the decrease from the previous year indicates potential underlying issues that could concern investors.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100