The call highlighted strong financial performance, strategic acquisitions, and favorable market dynamics, while addressing challenges related to fleet supply and capital expenditures.

Company Guidance

During the second quarter of the fiscal year 2025, Ardmore Shipping Corporation reported adjusted earnings of $9 million, equivalent to $0.22 per share. The company experienced significant improvements in its TCE rates, with MR tankers earning $23,500 per day in the second quarter and $25,500 in the third quarter, while chemical tankers earned $20,400 and $21,700 per day for the same periods, respectively. Ardmore acquired three high-quality MR tankers and closed a refinancing deal, consolidating its debt into a €350 million revolving credit facility. The company also secured a three-year time charter for one of its chemical tankers at $19,250 per day and increased its MR fixed-rate coverage to four vessels at $22,500 per day. The financial performance was bolstered by market dynamics such as stronger refining margins and geopolitical factors, with EBITDAR for the second quarter reaching $22.4 million. Additionally, the company continues to benefit from a strong capital allocation strategy, maintaining a low cash breakeven and declaring its eleventh consecutive dividend since 2022.

Strong Earnings and TCE Rates

Adjusted earnings for the second quarter were $9 million or $0.22 per share. TCE rates for MRs were $23,500 per day in Q2 and $25,500 in Q3, with chemical tankers earning $20,400 in Q2 and $21,700 in Q3.

Strategic Acquisitions and Refinancing

Acquired three high-quality MR tankers at attractive prices, consolidated existing debt into a single €350 million revolving credit facility, enhancing financial flexibility.

Positive Market Dynamics

Favorable market conditions driven by OPEC+ production increases and low diesel inventories, boosting trading activity.

Improved Fleet Operations

On hire availability was strong at 99% in Q2, and the majority of drydocking work for the year is completed.

Ardmore Shipping (ASC) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

ASC Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 05, 2025	2025 (Q3)	0.27 / -	0.55	―	―	―
Jul 30, 2025	2025 (Q2)	0.18 / 0.22	1.13	-80.53% (-0.91)
May 07, 2025	2025 (Q1)	0.13 / 0.14	0.92	-84.78% (-0.78)
Feb 13, 2025	2024 (Q4)	0.21 / 0.25	0.63	-60.32% (-0.38)
Nov 06, 2024	2024 (Q3)	0.51 / 0.55	0.49	12.24% (+0.06)
Jul 31, 2024	2024 (Q2)	1.06 / 1.13	0.57	98.25% (+0.56)
May 08, 2024	2024 (Q1)	0.86 / 0.92	1.04	-11.54% (-0.12)
Feb 15, 2024	2023 (Q4)	0.61 / 0.63	1.3	-51.54% (-0.67)
Nov 07, 2023	2023 (Q3)	0.44 / 0.49	1.54	-68.18% (-1.05)
Aug 01, 2023	2023 (Q2)	0.56 / 0.57	0.81	-29.63% (-0.24)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

ASC Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 30, 2025	$10.58	$10.72	+1.32%
May 07, 2025	$9.85	$9.68	-1.73%
Feb 13, 2025	$11.38	$10.57	-7.12%
Nov 06, 2024	$13.34	$12.82	-3.90%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Ardmore Shipping (ASC) report earnings?

Ardmore Shipping (ASC) is schdueled to report earning on Nov 05, 2025, Before Open (Confirmed).

What is Ardmore Shipping (ASC) earnings time?

Ardmore Shipping (ASC) earnings time is at Nov 05, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is ASC EPS forecast?

ASC EPS forecast for the fiscal quarter 2025 (Q3) is 0.27.

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