Preview: StealthGas's Earnings
StealthGas GASS is preparing to release its quarterly earnings on Monday, 2024-11-25. Here’s a brief overview of what investors should keep in mind before the announcement.
Analysts expect StealthGas to report an earnings per share (EPS) of $0.33.
Anticipation surrounds StealthGas’s announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.
New investors should understand that while earnings performance is important, market reactions are often driven by guidance.
Overview of Past Earnings
Last quarter the company beat EPS by $0.22, which was followed by a 1.61% drop in the share price the next day.
Here’s a look at StealthGas’s past performance and the resulting price change:
Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
---|---|---|---|---|
EPS Estimate | 0.53 | 0.24 | 0.30 | 0.15 |
EPS Actual | 0.75 | 0.53 | 0.29 | 0.16 |
Price Change % | -2.0% | 0.0% | -1.0% | 11.0% |
Tracking StealthGas’s Stock Performance
Shares of StealthGas were trading at $6.005 as of November 21. Over the last 52-week period, shares are down 11.17%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.
To track all earnings releases for StealthGas visit their earnings calendar on our site.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
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