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Ardmore Shipping Earnings Calls
| Release date | May 07, 2026 |
| EPS estimate | $0.514 |
| EPS actual | $0.580 |
| EPS Surprise | 12.84% |
| Revenue estimate | 58.076M |
| Revenue actual | 87.916M |
| Revenue Surprise | 51.38% |
| Release date | Feb 12, 2026 |
| EPS estimate | $0.270 |
| EPS actual | $0.280 |
| EPS Surprise | 3.70% |
| Revenue estimate | 53.6M |
| Revenue actual | 82.911M |
| Revenue Surprise | 54.68% |
| Release date | Nov 05, 2025 |
| EPS estimate | $0.330 |
| EPS actual | $0.310 |
| EPS Surprise | -6.06% |
| Revenue estimate | 54.2M |
| Revenue actual | 81.245M |
| Revenue Surprise | 49.90% |
| Release date | Jul 30, 2025 |
| EPS estimate | $0.180 |
| EPS actual | $0.220 |
| EPS Surprise | 22.22% |
| Revenue estimate | 48.379M |
| Revenue actual | 72.046M |
| Revenue Surprise | 48.92% |
Last 4 Quarters for Ardmore Shipping
Below you can see how ASC performed 4 days prior and 4 days after releasing the earnings report. Also, you can see the pre-estimates and the actual earnings. This information can give you a slight idea of what you might expect for the next quarter's release.
| Release date | Jul 30, 2025 |
| Price on release | $10.72 |
| EPS estimate | $0.180 |
| EPS actual | $0.220 |
| EPS surprise | 22.22% |
| Date | Price |
|---|---|
| Jul 24, 2025 | $10.30 |
| Jul 25, 2025 | $10.22 |
| Jul 28, 2025 | $10.47 |
| Jul 29, 2025 | $10.58 |
| Jul 30, 2025 | $10.72 |
| Jul 31, 2025 | $10.88 |
| Aug 01, 2025 | $10.65 |
| Aug 04, 2025 | $10.78 |
| Aug 05, 2025 | $11.18 |
| 4 days before | 4.08% |
| 4 days after | 4.29% |
| On release day | 1.49% |
| Change in period | 8.54% |
| Release date | Nov 05, 2025 |
| Price on release | $12.46 |
| EPS estimate | $0.330 |
| EPS actual | $0.310 |
| EPS surprise | -6.06% |
| Date | Price |
|---|---|
| Oct 30, 2025 | $12.46 |
| Oct 31, 2025 | $12.59 |
| Nov 03, 2025 | $12.47 |
| Nov 04, 2025 | $12.28 |
| Nov 05, 2025 | $12.46 |
| Nov 06, 2025 | $12.89 |
| Nov 07, 2025 | $12.71 |
| Nov 10, 2025 | $12.80 |
| Nov 11, 2025 | $12.88 |
| 4 days before | 0% |
| 4 days after | 3.37% |
| On release day | 3.45% |
| Change in period | 3.37% |
| Release date | Feb 12, 2026 |
| Price on release | $13.10 |
| EPS estimate | $0.270 |
| EPS actual | $0.280 |
| EPS surprise | 3.70% |
| Date | Price |
|---|---|
| Feb 06, 2026 | $13.14 |
| Feb 09, 2026 | $13.19 |
| Feb 10, 2026 | $13.24 |
| Feb 11, 2026 | $13.58 |
| Feb 12, 2026 | $13.10 |
| Feb 13, 2026 | $13.58 |
| Feb 17, 2026 | $14.03 |
| Feb 18, 2026 | $14.61 |
| Feb 19, 2026 | $14.88 |
| 4 days before | -0.304% |
| 4 days after | 13.59% |
| On release day | 3.66% |
| Change in period | 13.24% |
| Release date | May 07, 2026 |
| Price on release | $18.86 |
| EPS estimate | $0.514 |
| EPS actual | $0.580 |
| EPS surprise | 12.84% |
| Date | Price |
|---|---|
| May 01, 2026 | $18.14 |
| May 04, 2026 | $18.55 |
| May 05, 2026 | $19.06 |
| May 06, 2026 | $18.79 |
| May 07, 2026 | $18.86 |
| May 08, 2026 | $19.53 |
| May 11, 2026 | $19.12 |
| May 12, 2026 | $18.96 |
| May 13, 2026 | $18.75 |
| 4 days before | 3.97% |
| 4 days after | -0.583% |
| On release day | 3.55% |
| Change in period | 3.36% |
Ardmore Shipping Earnings Call Transcript Summary of Q1 2026
Ardmore Shipping reported strong Q1 2026 results with adjusted earnings of $23.6 million ($0.58/share) and declared a dividend of $0.39/share, in line with a new dividend policy to pay out two-thirds of adjusted earnings. Market disruption in the Middle East (including effective closure of the Strait of Hormuz and vessels trapped in the region) has materially tightened product tanker markets, lengthened voyage distances and driven spot rate momentum into Q2. Q1 TCEs: MRs $33,700/day (Q2 YTD $52,100/day, 55% booked); chemical tankers $22,300/day (Q2 YTD $32,500/day, 65% booked). Management is pursuing a disciplined capital-allocation approach: ordering two IMO2-capable Handysize product/chemical newbuilds (with options for two more), opportunistically selling a 2014 MR for $35.5m, and noting reduced fleet CapEx this year (~$8m vs $30m in 2025). Balance sheet remains conservative with low cash breakeven (~$10.8–$11.7k/day) and meaningful operating leverage (management notes ~+$2/share in annual earnings for each $10k/day TCE increase). Strategy emphasizes fleet versatility, targeted investment, and returning capital to shareholders while preserving financial flexibility.
