StealthGas Inc reports results for the quarter ended in September - Earnings Summary

StealthGas

22/11/2023 03:59

* StealthGas Inc  GASS.OQ  reported quarterly adjusted
earnings of
16 cents​​ per share for the quarter ended in September,
identical to the same quarter last year.  The lone analyst
forecast for the quarter was for earnings of 15 cents per share.
    * Revenue rose 0% to $34.89 million from a year ago;
analysts
expected $27.50 million. 
    * StealthGas Inc's reported EPS for the quarter was 18
cents​.
    * The company reported quarterly net income of $6.73
million.
    * StealthGas Inc shares had risen by 14.4% this quarter and
gained 114.9% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the marine
freight &
logistics peer group is also "buy"

Wall Street's median 12-month price target for StealthGas Inc is
$8.00 
This summary was machine generated from LSEG data November 22 at
03:58 a.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.15           0.16           Beat
 Jun. 30 2023      0.14           0.28           Beat
 Mar. 31 2023      0.17           0.45           Beat
 Dec. 31 2022      0.11           0.28           Beat