Benzinga | Jul 27, 2021 11:13AM EDT

Ardmore Shipping Q2 Adj. EPS $(0.23) Beats $(0.27) Estimate, Sales $26.78M Miss $30.95M Estimate

Ardmore Shipping (NYSE:ASC) reported quarterly losses of $(0.23) per share which beat the analyst consensus estimate of $(0.27) by 14.81 percent. This is a 156.1 percent decrease over earnings of $0.41 per share from the same period last year. The company reported quarterly sales of $26.78 million which missed the analyst consensus estimate of $30.95 million by 13.47 percent. This is a 43.09 percent decrease over sales of $47.06 million the same period last year.