StealthGas Inc reports results for the quarter ended September 30 - Earnings Summary

StealthGas

25/11/2024 16:45

* StealthGas Inc  GASS.OQ  reported quarterly adjusted
earnings of
33 cents​​ per share for the quarter ended September 30, higher
than the same quarter last year, when the company reported EPS
of 16 cents.  The lone analyst forecast for the quarter was
for earnings of 34 cents per share. 
    * Revenue rose 15.9% to $40.45 million from a year ago;
analysts
expected $39.60 million. 
    * StealthGas Inc's reported EPS for the quarter was 33
cents​.
    * The company reported quarterly net income of $12.15
million.
    * StealthGas Inc shares had fallen by 11.2% this quarter and
lost 6.3% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 17.2%
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 oil & gas
transportation services peer group is also "buy"

Wall Street's median 12-month price target for StealthGas Inc is
$10.00 
This summary was machine generated from LSEG data November 25 at
04:44 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
 Sep. 30 2024      0.34           0.33           Missed
 Jun. 30 2024      0.53           0.75           Beat
 Mar. 31 2024      0.24           0.53           Beat
 Dec. 31 2023      0.30           0.29           Missed