The earnings call presented a strong financial performance, strategic fleet expansion, and favorable market conditions. Despite elevated capital expenditures and geopolitical challenges, the company's strategic initiatives and robust market fundamentals suggest a positive outlook.

Company Guidance -

Q3 2025

In the recent call, Ardmore Shipping Corporation provided comprehensive guidance on its financial performance, strategic initiatives, and market outlook. The company reported adjusted earnings of $9 million or $0.22 per share for the second quarter of 2025, with TCE rates for MRs reaching $23,500 per day and $25,500 for the third quarter with 50% bookings. Chemical tankers earned $20,400 per day in Q2 and $21,700 in Q3 with 65% booked. Ardmore is enhancing its fleet by acquiring three MR tankers and completing a refinancing of €350 million, consolidating existing debt into a single revolving credit facility. The company also secured a three-year time charter for a chemical tanker at $19,250 per day and increased short-term MR fixed rate charters to four vessels at $22,500 per day. Ardmore's strategic capital allocation includes maintaining low debt, reinvesting in its fleet, and continuing its dividend policy. Market dynamics favor Ardmore, driven by robust refining margins and geopolitical factors, with the company poised to capitalize on market volatility through disciplined cost management and strategic fleet operations.

Strong Financial Performance

Adjusted earnings for the second quarter were $9 million or $0.22 per share. EBITDAR was reported at $22.4 million, and TCE rates increased significantly.

Strategic Fleet Expansion

Ardmore Shipping Corporation acquired three high-quality MR tankers at attractive prices and closed a comprehensive refinancing with favorable terms, consolidating existing debt into a single fully revolving credit facility of Euros $350 million.

Successful Capital Allocation

Declared the eleventh consecutive dividend since 2022 and continued to invest in fleet upgrades, including a nearly completed MarineLine recoating project enhancing trading flexibility and earnings power.

Positive Market Dynamics

OPEC plus is increasing production, driving stronger market conditions. The refinery landscape is evolving, boosting product tanker demand with significant shifts in global capacity.

High On-Hire Availability

Achieved strong on-hire availability of 99% in the second quarter, indicating efficient fleet operations.

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)	0.20 / -	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 0.2.

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