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