StealthGas Q2 2024 Adj. EPS $0.75 Beats $0.53 Estimate, Sales $41.786M Beat $39.200M Estimate
Portfolio Pulse from Benzinga Newsdesk
StealthGas (NASDAQ:GASS) reported strong Q2 2024 results, with adjusted EPS of $0.75 beating estimates by 41.51% and sales of $41.786M surpassing expectations by 6.60%. This marks a 13.94% increase in sales compared to the same period last year.
September 05, 2024 | 1:13 pm
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StealthGas reported a strong Q2 2024 with EPS of $0.75, beating estimates by 41.51%, and sales of $41.786M, exceeding expectations by 6.60%. This performance indicates robust growth and could positively impact the stock price.
The significant beat on both EPS and sales estimates suggests strong operational performance and growth, which is likely to positively influence investor sentiment and drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100