StealthGas Q1 2024 Adj EPS $0.44 Beats $0.24 Estimate, Sales $41.60M Beat $34.30M Estimate
Portfolio Pulse from Benzinga Newsdesk
StealthGas (NASDAQ:GASS) reported Q1 2024 earnings per share (EPS) of $0.44, significantly beating the analyst estimate of $0.24. The company also reported sales of $41.60 million, surpassing the $34.30 million estimate and showing a 9.30% increase from the same period last year.
May 22, 2024 | 1:11 pm
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StealthGas reported Q1 2024 EPS of $0.44, beating the $0.24 estimate by 83.33%, and sales of $41.60M, surpassing the $34.30M estimate by 21.28%. This indicates strong financial performance and growth.
The significant beat on both EPS and sales estimates indicates strong financial performance and growth for StealthGas. This positive earnings report is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100