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GASS - StealthGas: Earnings Lift-Off In 2022 But Better Forward-Looking Returns Needed
StealthGas Inc.
2023-03-27 00:42:15 ET
Summary
StealthGas reports an all-time record net income tally for fiscal 2022.
Shares though have failed to gain traction as investors eye-up what is coming in fiscal 2023.
Earnings projections have been falling, and the company's relatively low return on capital percentage demonstrates that real long-term gains will remain difficult here.