Benzinga | May 5, 2021 08:35AM EDT

Ardmore Shipping Q1 Adj. EPS $(0.26) Beats $(0.31) Estimate, Sales $45.55M Beat $24.86M Estimate

Ardmore Shipping (NYSE:ASC) reported quarterly losses of $(0.26) per share which beat the analyst consensus estimate of $(0.31) by 16.13 percent. This is a 230 percent decrease over earnings of $0.20 per share from the same period last year. The company reported quarterly sales of $45.55 million which beat the analyst consensus estimate of $24.86 million by 83.23 percent. This is a 9.68 percent increase over sales of $41.53 million the same period last year.