CORRECTION: Ardmore Shipping Q2 Adj. EPS $1.18 Misses $1.21 Estimate, Sales $116.214M Beat $86.987M Estimate
Ardmore Shipping (NYSE:ASC) reported quarterly earnings of $1.18 per share which missed the analyst consensus estimate of $1.21 by 2.48 percent. This is a 436.36 percent increase over earnings of $0.22 per share from
Ardmore Shipping made way more money than people expected, but earned slightly less profit per share than predicted. When a company sells a lot more but profits dip a tiny bit, watch whether costs are rising or if something else changed.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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