ASC News and Press, Ardmore Shipping Corporation From 08/13/23

2023-08-13 21:59:26 ET Summary Ardmore Shipping's 2Q 2023 financial results were lower than expected due to higher refinery maintenance, impacting demand for product tankers. 3Q 2023 financial results are expected to be weaker than 2Q 2023 due to lower TCE rates and refinery outag...

2023-08-07 21:15:57 ET Summary Ardmore is a buy due to elevated market rates, positive and clear capital allocation, and the status of their fleet. Ardmore's capital allocation policy includes deleveraging, dividends, and investments in performance upgrades and environmental techn...

2023-08-01 15:15:26 ET Ardmore Shipping Corporation (ASC) Q2 2023 Earnings Conference Call August 1, 2023 10:00 AM ET Company Participants Anthony Gurnee - CEO Bart Kelleher - CFO Conference Call Participants Jonathan Chappell - Evercore ISI Omar Nokt...

2023-08-01 08:05:02 ET Ardmore Shipping press release ( NYSE: ASC ): Q2 Non-GAAP EPS of $0.57 beats by $0.02 . Revenue of $91.93M (-14.2% Y/Y) beats by $31M . MR Eco-Design tankers earned an average spot TCE rate of $27,460 per day for the three months ended Ju...

Ardmore Shipping Corporation Announces Financial Results For The Three and Six Months Ended June 30, 2023 PR Newswire HAMILTON, Bermuda , Aug. 1, 2023 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore", the "Company" or "we") today announced resu...

2023-07-31 14:32:39 ET Ardmore Shipping ( NYSE: ASC ) is scheduled to announce Q2 earnings results on Tuesday, August 1st, before market open. The consensus EPS Estimate is $0.55 (-32.1% Y/Y) and the consensus Revenue Estimate is $60.93M (-43.1% Y/Y). Over the last 2 y...

Ardmore Shipping Announces Second Quarter 2023 Conference Call and Webcast PR Newswire HAMILTON, Bermuda , July 18, 2023 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore" or the "Company") today announced that the Company plans to announce ...

2023-07-05 15:43:32 ET Summary Danish tanker operator TORM plc has seen a choppy performance in 2023, with its stock down by -3% YTD, compared to a 300% return in 2022. Despite short-term headwinds, underlying conditions for the industry look promising, with longer ton-miles and l...

2023-07-05 13:05:36 ET Gainers: ESS Tech ( GWH ) +9% . Shapeways Holdings ( SHPW ) +8% . Freightos Limited ( CRGO ) +7% . Ardmore Shipping Corporation ( ASC ) +6% . Losers: Pioneer Power Solutions PPSI -19% . Wabash National ...

2023-07-03 00:47:28 ET Summary Ardmore Shipping's stock price has decreased by over 30% in the past three months due to decreased MR tanker TCE rates. However, the company's strong financial position and Russian and U.S. Gulf refined product exports should prevent its quarterly di...