Earnings Presentation Fourth Quarter and Full Year 2023 & Investor Day 2024 To Submit Questions for the Q&A Session Ardmore@IGBIR.com ...

Press Release Ardmore Shipping Corporation Announces Financial Results For The Three and Twelve Months Ended December 31, 2023 HAMILTON, Bermuda, February 15, 2024 - Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore", the "Company" or "we") today announced results for the three and twelve months ended December 31, 2023. Highlights and Recent Activity ● Reported net income of $26.1 million for the three months ended December 31, 2023, or $0.63 earnings per basic and diluted share, compared to net income of ...

ASC财报情况 - Ardmore Shipping Corporation (ASC)将于2月15日发布2023年第四季度财报[1] - ASC在过去四个季度中每次击败Zacks Consensus Estimate，平均超出4.33%[1] - ASC的季度每股收益的Zacks Consensus Estimate在过去60天保持在59美分[2] - ASC的Earnings ESP为-5.09%，因为最准确的估计目前为56美分，比Zacks Consensus Estimate低3美分[8] ASC业绩影响因素 - ASC的业绩受到了油轮市场乐观情绪的影响，产品油轮运价目前处于健康水平，尽管有小波动[4] - 由于也门胡塞武装分子在红海袭击船只，许多航运公司包括ASC已暂停通过该航线的运输[5] - 为了确保船员的安全，Ardmore Shipping选择绕过南非好望角而不是通过苏伊士运河的更长、更昂贵的航线[6] ASC成本和TCE率 - 由于油价上涨和供应链问题，TCE率可能会因有利的现货价格而在报告季度有所改善，但成本可能会因油价上涨和供应链问题而增加[7]

Ardmore Shipping (ASC) closed the most recent trading day at $16.16, moving -0.8% from the previous trading session. This change lagged the S&P 500's 0.23% gain on the day. Elsewhere, the Dow gained 0.37%, while the tech-heavy Nasdaq added 0.07%.Shares of the shipping company witnessed a gain of 8.82% over the previous month, beating the performance of the Transportation sector with its gain of 0.29% and the S&P 500's gain of 5.3%.The upcoming earnings release of Ardmore Shipping will be of great interest t ...

The market expects Ardmore Shipping (ASC) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report might help the stock move higher if these key numbers are better than expectations. On the other hand, if t ...

The Company will provide a comprehensive update, focusing on the forces and trends influencing the global product and chemical tanker markets. The February 15, 2024 event will also include the Company's presentation of 4Q 2023 financial results. HAMILTON, Bermuda, Feb. 1, 2024 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore" or the "Company") today announced that it will host its 2024 Investor Day on Thursday, February 15 at 12:00 P.M. Eastern Time in New York City. At the event, the exte ...

Small-cap companies are a great option for early investors because they are typically less expensive per share than large-cap stocks. They are also typically more volatile investment vehicles because they have a greater chance of large fluctuations in share price than other large companies, which could be a downside or an upside depending upon an investor’s goals.It’s always a good idea to focus on diversification within an investment portfolio and include more than just different sectors. It also should co ...

Ardmore Shipping (ASC) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Shares of this shipping company have returned +16.5% over the past month versus the Zacks S&P 500 composite's +3.4% change. The Zacks Transportation - Shipping industry, to which Ardmore Shipping belongs, has gained 10.5% over this period. Now the key question is: Where could the stock be headed in the near t ...

The most recent trading session ended with Ardmore Shipping (ASC) standing at $15.97, reflecting a -1.84% shift from the previouse trading day's closing. The stock trailed the S&P 500, which registered a daily gain of 0.53%. Meanwhile, the Dow experienced a rise of 0.64%, and the technology-dominated Nasdaq saw an increase of 0.19%.Coming into today, shares of the shipping company had gained 14.18% in the past month. In that same time, the Transportation sector lost 3.36%, while the S&P 500 gained 2.48%.The ...

A number of tanker stocks are well positioned to benefit from the fallout from the disruption to Red Sea shipping caused by the Houthi attacks on cargo ships, according to Evercore ISI.“It appears only a black swan event could overwhelm what is an incrementally strong supply/demand backdrop for the industry… and the current black swan in the form of Red Sea diversion is more likely to add upside,” wrote Evercore analyst Jonathan Chappell, in a note released Wednesday. “Capacity adds remain muted well into 2 ...