Ardmore Shipping Q4 2023 Adj EPS $0.63 Beats $0.62 Estimate, Sales $98.88M Beat $74.25M Estimate

2/15/24 8:02:12 AM ET

Marine Transportation

Consumer Discretionary

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Ardmore Shipping (NYSE:ASC) reported quarterly earnings of $0.63 per share which beat the analyst consensus estimate of $0.62 by 1.61 percent. The company reported quarterly sales of $98.88 million which beat the analyst consensus estimate of $74.25 million by 33.17 percent. This is a 5.95 percent increase over sales of $93.33 million the same period last year.

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Recent Analyst Ratings for
$ASC

Date	Price Target	Rating	Analyst
10/23/2024	$24.00 → $17.00	Buy → Hold	Stifel
7/21/2022	$10.00	Buy	Jefferies
4/27/2022	$7.50	Buy	Jefferies

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Ardmore Shipping Announces Third Quarter 2024 Conference Call and Webcast
HAMILTON, Bermuda, Oct. 23, 2024 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE:ASC) ("Ardmore" or the "Company") today announced that the Company plans to announce its third quarter earnings before the market opens Wednesday, November 6, 2024 and will host a conference call later in the day at 10:00 a.m. Eastern Time. The conference call and slide presentation will also be broadcast live over the Internet. Conference Call and Webcast Details: Wednesday, November 6, 2024, at 10:00 a.m. Eastern TimeLive webcast and presentation available at www.ardmoreshipping.comAlternatively, connect by phone at 800-836-8184 (US toll free) or +1-646-357-8785 (international) and reference "Ardmore Shipp
10/23/24 4:15:00 PM ET
$ASC
Marine Transportation
Consumer Discretionary
REMINDER - Leading Shipping Companies Presenting at Capital Link's 16th Annual New York Maritime Forum October 15, 2024, in New York City
NEW YORK, Oct. 08, 2024 (GLOBE NEWSWIRE) -- Senior executives from leading shipping companies will participate on panels at Capital Link's 16th Annual New York Maritime Forum, taking place on Tuesday, October 15, 2024, at the Metropolitan Club in New York City. The event is organized in partnership with DNB, and in cooperation with Nasdaq and NYSE. Registration is complimentary for institutional investors and shipping companies. FORUM OVERVIEW AND STRUCTURE The New York Maritime Forum (NYMF) is both an investment and an industry conference that provides a platform for investors, financiers, cargo owners and shipowners to discuss the latest developments in the global shipping, energy and
10/8/24 12:58:35 PM ET
$ASC
$CLCO
$EDRY
$FLNG
Marine Transportation
Consumer Discretionary
Leading Shipping Companies Presenting at Capital Link's 16th Annual New York Maritime Forum October 15, 2024 in New York City
NEW YORK, Sept. 18, 2024 (GLOBE NEWSWIRE) -- Senior executives from leading shipping companies will participate on panels at Capital Link's 16th Annual New York Maritime Forum, taking place on Tuesday, October 15, 2024, at the Metropolitan Club in New York City. The event is organized in partnership with DNB, and in cooperation with Nasdaq and NYSE. Registration is complimentary for institutional investors and shipping companies. FORUM OVERVIEW AND STRUCTURE The New York Maritime Forum (NYMF) is both an investment and an industry conference that provides a platform for investors, financiers, cargo owners and shipowners to discuss the latest developments in the global shipping, energy an
9/18/24 2:32:52 PM ET
$ASC
$CLCO
$EDRY
$FLNG
Marine Transportation
Consumer Discretionary

Ardmore Shipping Announces Leadership Transition
Gernot Ruppelt to succeed Anthony Gurnee as CEO; Bart Kelleher to be appointed President HAMILTON, Bermuda, July 8, 2024 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE:ASC) ("Ardmore" or the "Company") today announced that Founder and CEO Anthony Gurnee has informed the Board of Directors (the "Board") of his intention to retire from his executive and board positions later this year. Following a comprehensive selection process, the Board of Directors has appointed current executive and Chief Commercial Officer Gernot Ruppelt as the Company's new CEO, and expanded current CFO Bart Kelleher's position to take on the additional role of President, with the leadership transition to take effec
7/8/24 8:30:00 AM ET
$ASC
Marine Transportation
Consumer Discretionary
Ardmore Shipping Appoints a New Director to the Company's Board
HAMILTON, Bermuda, Jan. 9, 2023 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE:ASC) ("Ardmore" or the "Company") today announced the appointment of Mr. James Fok to the Company's Board of Directors as a Class III director, and he is expected to serve on the audit and nominating committees. James Fok has more than 20 years of experience as a financial and strategic advisor to corporations and governments, with particular expertise in Asian cross-border capital markets transactions and mechanisms. From 2012 until 2021, he served as a senior executive at Hong Kong Exchanges and Clearing (HKEX), playing a major role in a number of landmark capital markets internationalization initiatives. Pr
1/9/23 8:30:00 AM ET
$ASC
Marine Transportation
Consumer Discretionary
Ardmore Shipping Announces Planned Departure of CFO Paul Tivnan and Appointment of Bart Kelleher as CFO Effective 28 September 2022
HAMILTON, Bermuda, July 27, 2022 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore" or the "Company") today announced the planned departure of its current Chief Financial Officer ("CFO") Paul Tivnan and appointment of new CFO Bart Kelleher, effective 28 September 2022. Anthony Gurnee, the Company's Chief Executive Officer, commented: "After 12 great years at Ardmore, Paul has decided to leave the company to broaden his experience and pursue further ambitions. Paul has been instrumental to what Ardmore has accomplished, from its start-up in 2010, through its IPO on the NYSE in 2013, to our position as a first-class shipping company today. Most recently he concluded the Elem
7/27/22 7:59:00 AM ET
$ASC
Marine Transportation
Consumer Discretionary

Ardmore Shipping Announces Third Quarter 2024 Conference Call and Webcast
HAMILTON, Bermuda, Oct. 23, 2024 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE:ASC) ("Ardmore" or the "Company") today announced that the Company plans to announce its third quarter earnings before the market opens Wednesday, November 6, 2024 and will host a conference call later in the day at 10:00 a.m. Eastern Time. The conference call and slide presentation will also be broadcast live over the Internet. Conference Call and Webcast Details: Wednesday, November 6, 2024, at 10:00 a.m. Eastern TimeLive webcast and presentation available at www.ardmoreshipping.comAlternatively, connect by phone at 800-836-8184 (US toll free) or +1-646-357-8785 (international) and reference "Ardmore Shipp
10/23/24 4:15:00 PM ET
$ASC
Marine Transportation
Consumer Discretionary
Ardmore Shipping Corporation Announces Financial Results For The Three and Six Months Ended June 30, 2024
HAMILTON, Bermuda, July 31, 2024 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE:ASC) ("Ardmore", the "Company" or "we") today announced results for the three and six months ended June 30, 2024. Highlights and Recent Activity Reported net income of $61.8 million for the three months ended June 30, 2024, or $1.48 earnings per basic share and $1.47 earnings per diluted share, compared to net income of $23.7 million, or $0.57 earnings per basic and diluted share for the three months ended June 30, 2023. We reported Adjusted earnings of $47.6 million for the three months ended June 30, 2024, or $1.14 Adjusted earnings per basic share and $1.13 Adjusted earnings per diluted share, compared to
7/31/24 8:00:00 AM ET
$ASC
Marine Transportation
Consumer Discretionary
Ardmore Shipping Announces Second Quarter 2024 Conference Call and Webcast
HAMILTON, Bermuda, July 17, 2024 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE:ASC) ("Ardmore" or the "Company") today announced that the Company plans to announce its second quarter earnings before the market opens Wednesday, July 31, 2024 and will host a conference call later in the day at 10:00 a.m. Eastern Time. The conference call and slide presentation will also be broadcast live over the Internet. Conference Call and Webcast Details: Wednesday, July 31, 2024, at 10:00 a.m. Eastern TimeLive webcast and presentation available at www.ardmoreshipping.comAlternatively, connect by phone at 800-836-8184 (US toll free) or +1-646-357-8785 (international) and reference "Ardmore Shipping"I
7/17/24 4:15:00 PM ET
$ASC
Marine Transportation
Consumer Discretionary

Ardmore Shipping Q4 2023 Adj EPS $0.63 Beats $0.62 Estimate, Sales $98.88M Beat $74.25M Estimate

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Recent Analyst Ratings for
$ASC

$ASC
SEC Filings

SEC Form 144 filed by Ardmore Shipping Corporation

SEC Form EFFECT filed by Ardmore Shipping Corporation

SEC Form 144 filed by Ardmore Shipping Corporation

$ASC
Large Ownership Changes

This live feed shows all institutional transactions in real time.

SEC Form SC 13G/A filed by Ardmore Shipping Corporation (Amendment)

SEC Form SC 13G/A filed by Ardmore Shipping Corporation (Amendment)

SEC Form SC 13G/A filed by Ardmore Shipping Corporation (Amendment)

$ASC
Press Releases

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Ardmore Shipping Announces Third Quarter 2024 Conference Call and Webcast

REMINDER - Leading Shipping Companies Presenting at Capital Link's 16th Annual New York Maritime Forum October 15, 2024, in New York City

Leading Shipping Companies Presenting at Capital Link's 16th Annual New York Maritime Forum October 15, 2024 in New York City

$ASC
Leadership Updates

Live Leadership Updates

$ASC
Market Insights

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Ardmore Shipping Announces Leadership Transition

Ardmore Shipping Appoints a New Director to the Company's Board

Ardmore Shipping Announces Planned Departure of CFO Paul Tivnan and Appointment of Bart Kelleher as CFO Effective 28 September 2022

Stifel Maintains Buy on Ardmore Shipping, Raises Price Target to $24

Evercore ISI Group Maintains Outperform on Ardmore Shipping, Raises Price Target to $26

Ardmore Shipping Announces Gernot Ruppelt To Succeed Anthony Gurnee As CEO; Bart Kelleher To Be Appointed President

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Analyst Ratings

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Ardmore Shipping downgraded by Stifel with a new price target

Jefferies initiated coverage on Ardmore Shipping with a new price target

Jefferies resumed coverage on Ardmore Shipping with a new price target

$ASC
Financials

Live finance-specific insights

Ardmore Shipping Announces Third Quarter 2024 Conference Call and Webcast

Ardmore Shipping Corporation Announces Financial Results For The Three and Six Months Ended June 30, 2024

Ardmore Shipping Announces Second Quarter 2024 Conference Call and Webcast

Ardmore Shipping Q4 2023 Adj EPS $0.63 Beats $0.62 Estimate, Sales $98.88M Beat $74.25M Estimate

Chat with this insight

Recent Analyst Ratings for $ASC

$ASC SEC Filings

SEC Form 144 filed by Ardmore Shipping Corporation

SEC Form EFFECT filed by Ardmore Shipping Corporation

SEC Form 144 filed by Ardmore Shipping Corporation

$ASC Large Ownership Changes

This live feed shows all institutional transactions in real time.

SEC Form SC 13G/A filed by Ardmore Shipping Corporation (Amendment)

SEC Form SC 13G/A filed by Ardmore Shipping Corporation (Amendment)

SEC Form SC 13G/A filed by Ardmore Shipping Corporation (Amendment)

$ASC Press Releases

Fastest customizable press release news feed in the world

Ardmore Shipping Announces Third Quarter 2024 Conference Call and Webcast

REMINDER - Leading Shipping Companies Presenting at Capital Link's 16th Annual New York Maritime Forum October 15, 2024, in New York City

Leading Shipping Companies Presenting at Capital Link's 16th Annual New York Maritime Forum October 15, 2024 in New York City

$ASC Leadership Updates

Live Leadership Updates

$ASC Market Insights

Live Market Insights

Ardmore Shipping Announces Leadership Transition

Ardmore Shipping Appoints a New Director to the Company's Board

Ardmore Shipping Announces Planned Departure of CFO Paul Tivnan and Appointment of Bart Kelleher as CFO Effective 28 September 2022

Stifel Maintains Buy on Ardmore Shipping, Raises Price Target to $24

Evercore ISI Group Maintains Outperform on Ardmore Shipping, Raises Price Target to $26

Ardmore Shipping Announces Gernot Ruppelt To Succeed Anthony Gurnee As CEO; Bart Kelleher To Be Appointed President

$ASC Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

Ardmore Shipping downgraded by Stifel with a new price target

Jefferies initiated coverage on Ardmore Shipping with a new price target

Jefferies resumed coverage on Ardmore Shipping with a new price target

$ASC Financials

Live finance-specific insights

Ardmore Shipping Announces Third Quarter 2024 Conference Call and Webcast

Ardmore Shipping Corporation Announces Financial Results For The Three and Six Months Ended June 30, 2024

Ardmore Shipping Announces Second Quarter 2024 Conference Call and Webcast

Recent Analyst Ratings for
$ASC

$ASC
SEC Filings

$ASC
Large Ownership Changes

$ASC
Press Releases

$ASC
Leadership Updates

$ASC
Market Insights

$ASC
Analyst Ratings

$ASC
Financials