Ardmore Shipping (NYSE:ASC) First Quarter 2025 Results
Key Financial Results
- Revenue: US$74.0m (down 30% from 1Q 2024).
- Net income: US$5.62m (down 85% from 1Q 2024).
- Profit margin: 7.6% (down from 36% in 1Q 2024).
- EPS: US$0.14 (down from US$0.93 in 1Q 2024).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Ardmore Shipping EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 33%.
Looking ahead, revenue is expected to decline by 37% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in the US are expected to grow by 3.7%.
Performance of the American Oil and Gas industry.
The company's shares are up 2.0% from a week ago.
Risk Analysis
What about risks? Every company has them, and we've spotted 2 warning signs for Ardmore Shipping (of which 1 is potentially serious!) you should know about.
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