StealthGas: Q1 Earnings Insights

StealthGas (NASDAQ:GASS) reported its Q1 earnings results on Wednesday, May 24, 2023 at 09:10 AM. Here’s what investors…

StealthGas (NASDAQ:GASS) reported its Q1 earnings results on Wednesday, May 24, 2023 at 09:10 AM.

Here’s what investors need to know about the announcement.

Earnings

StealthGas beat estimated earnings by 164.71%, reporting an EPS of $0.45 versus an estimate of $0.17.

Revenue was up $2.19 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.17 which was followed by a 1.4% increase in the share price the next day.

Here’s a look at StealthGas’s past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 0.11 0.02 0.18 0.09
EPS Actual 0.28 0.16 0.30 0.23
Revenue Estimate 37.00M 30.20M 36.20M 28.90M
Revenue Actual 42.73M 34.89M 39.27M 35.87M

To track all earnings releases for StealthGas visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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