Greece's StealthGas Q4 revenue falls 9% yr/yr after loss from Eco Wizard vessel incident

StealthGas

02/03/2026 14:11

Overview

Greece-based LPG shipowner's Q4 revenue fell 9% yr/yr, missing analyst expectations

Co reports Q4 adjusted EPS of $0.36

Company repaid $85.9 mln in debt during 2025, becoming debt-free

Outlook

Company has 48% of fleet days secured under period contracts for remainder of 2026

Company expects $66 mln in contracted revenues for remainder of 2026

Result Drivers

ECO WIZARD INCIDENT - Revenue decline attributed to loss of revenue from Eco Wizard, offset by fleet expansion

HIGHER VOYAGE EXPENSES - Increased spot market days led to higher voyage expenses, impacting profitability

DEBT REPAYMENT - Company repaid $85.9 mln in debt during 2025, becoming debt-free

Company press release: ID:nGNX4zK8r1

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Miss
$39.4 mln
$39.80 mln (1 Analyst)
Q4 Adjusted EPS
Beat
$0.36
$0.32 (1 Analyst)
Q4 Adjusted Net Income
Beat
$13.3 mln
$11.50 mln (1 Analyst)
Q4 Basic EPS
$0.34
Q4 EBITDA
$17.3 mln


Analyst Coverage

The one available analyst rating on the shares is "buy"

The average consensus recommendation for the oil & gas transportation services peer group is "buy"

The stock recently traded at 7 times the next 12-month earnings vs. a P/E of 5 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)