Ardmore Shipping Corp reports results for the quarter ended June 30 - Earnings Summary

Ardmore Shipping

29/07/2026 15:25

Ardmore Shipping Corp ASC.N reported quarterly adjusted earnings of $1.18​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 22 cents.  The mean expectation of three analysts for the quarter was for earnings of $1.19 per share. Wall Street expected results to range from $1.11  to $1.33 per share.
Revenue rose 61.3% to $116.21 million from a year ago; analysts expected $87.45 million. 
Ardmore Shipping Corp's reported EPS for the quarter was $1.48​.
The company reported quarterly net income of $60.52 million.
Ardmore Shipping Corp shares had risen by 17.0% this quarter and gained 54.8% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 390.4% in the last three months.​ 
In the last 30 days, two analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the oil & gas transportation services peer group is also "buy" 
Wall Street's median 12-month price target for Ardmore Shipping Corp is $19.50, about 15.9% above its last closing price of $16.39
This summary was machine generated from LSEG data July 29 at 02:25 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING
ESTIMATE 
ACTUAL
BEAT, MET, MISSED
Jun. 30 2026 
1.19
1.18
Missed
Mar. 31 2026 
0.43
0.58
Beat
Dec. 31 2025 
0.30
0.28
Missed
Sep. 30 2025 
0.27
0.30
Beat