Benzinga | Jul 28, 2020 08:21AM EDT

Ardmore Shipping Q2 Adj. EPS $0.41 Misses $0.43 Estimate, Sales $67.93M Beat $51.51M Estimate

Ardmore Shipping (NYSE:ASC) reported quarterly earnings of $0.41 per share which missed the analyst consensus estimate of $0.43 by 4.65 percent. This is a 510 percent increase over losses of $(0.10) per share from the same period last year. The company reported quarterly sales of $67.93 million which beat the analyst consensus estimate of $51.51 million by 31.88 percent. This is a 114.21 percent increase over sales of $31.71 million the same period last year.