WallStreetZenWallStreetZen

NYSE: ASC
Ardmore Shipping Corp Earnings Dates, Reports, Calls

Ardmore Shipping earnings were $146.7M for the trailing 12 months ending Jun 30, 2024, with -22.4% growth year over year. The latest ASC earnings report on Jun 30, 2024 announced Q2 2024 earnings of $61.8M, up 61.1% from last quarter. For the last reported fiscal year 2023 ending Dec 31, 2023, ASC reported annual earnings of $113.4M, with -16% growth.

ASC past earnings growth

How has ASC's earnings growth performed historically?
Company
-22.37%
Industry
9.47%
Market
57.26%
ASC's earnings have grown faster... subscribe to Premium to read more.
Earnings Growth vs Industry Performance
ASC's earnings have grown faster... subscribe to Premium to read more.
Earnings Growth vs Market Performance

ASC earnings history

Current Revenue
$413.4M
Current Earnings
$146.7M
Current Profit Margin
35.5%

ASC Return on Equity

Current Company
26.2%
Current Industry
4.5%
Current Market
33.7%
ASC's Return on Equity (26.2%)... subscribe to Premium to read more.
High Return on Equity Performance

ASC Return on Assets

Current Company
20.8%
Current Industry
3.8%
ASC is generating higher Return... subscribe to Premium to read more.
Above Average Return on Assets Performance

Be the first to know when ASC announces earnings.

ASC Return on Capital Employed

Current Company
22.91%
Current Industry
6.2%
ASC has gotten more efficient... subscribe to Premium to read more.
Increasing Return on Capital Employed Performance

ASC vs Shipping Stocks

TickerEBITDAEarningsY/Y EarningsEPS
ASC$192.67M$146.73M+63.12%$3.54
GNK$96.83M$15.20M-75.07%$0.35
NAT$180.73M$98.71M+72.58%$0.47
CLCO$280.62M$123.54M-39.79%$2.30
GSL$466.78M$322.50MN/AN/A

Ardmore Shipping Earnings Reports & History FAQ

What were Ardmore Shipping's earnings last quarter?

On ASC's earnings call on Invalid Date, Ardmore Shipping (NYSE: ASC) reported Q2 2024 earnings per share (EPS) of $1.48, up 159.65% year over year. Total ASC earnings for the quarter were $61.84 million. In the same quarter last year, Ardmore Shipping's earnings per share (EPS) was $0.57.

If you're new to stock investing, here's how to buy Ardmore Shipping stock.

Is Ardmore Shipping profitable or losing money?

As of the last Ardmore Shipping earnings report, Ardmore Shipping is currently profitable. Ardmore Shipping's net profit (also called net income) for the twelve months ending Jun 30, 2024 was $150.14 million, a 18.56% decrease year over year.

What was ASC's earnings growth in the past year?

As of Ardmore Shipping's earnings date in Invalid Date, Ardmore Shipping's earnings has grown -22.37% year over year. This is 31.84 percentage points lower than the US Marine Shipping industry earnings growth rate of 9.47%. ASC earnings in the past year totalled $146.73 million.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.