LPG shipper StealthGas Q2 revenue hits record, beats estimates

StealthGas

25/08/2025 14:09

Overview

StealthGas Q2 revenue hits record $47.2 mln, beating analyst expectations

Adjusted EPS of $0.59 beats estimates, adjusted net income also exceeds expectations

Company repaid $86 mln in debt YTD, leaving fully owned fleet unencumbered

Outlook

StealthGas expects chartering activity to increase in the fourth quarter

Company has secured 70% of fleet days for 2025 under period charters

StealthGas says has $155 mln in contracted revenues as of Aug

Eco Wizard incident expected to impact near-term revenue

Result Drivers

REVENUE GROWTH - Revenue hit a record $47.2 mln, driven by improved TCE rates and market conditions

DELEVERAGING - Repaid $86 mln in debt YTD, leaving fully owned fleet debt-free

VOYAGE EXPENSES - Increased due to higher bunker costs and more spot market days

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$47.20 mln
$39.50 mln (1 Analyst)
Q2 Adjusted EPS
Beat
$0.59
$0.3 (1 Analyst)
Q2 Adjusted Net Income
Beat
$21.70 mln
$10.80 mln (1 Analyst)
Q2 Basic EPS
$0.55
Q2 EBITDA
$26.90 mln
Q2 Income From Operations
$19.70 mln


Press Release: ID:nGNX4JK2gX

(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.)