Education
About Us
Working with TipRanks
Follow Us
Imperial Petroleum, Inc. (IMPP)
NASDAQ:IMPP
Earnings Data
Report Date
Jul 23, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.04Last Year’s EPS
1.46Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 23, 2025
|% Change Since: 12.10%
|Next Earnings Date:Jul 23, 2025
Earnings Call Sentiment|Neutral
The earnings call presents a mixed outlook with some strong financial improvements and strategic expansions counterbalanced by declines in year-over-year revenue and geopolitical uncertainties. The company demonstrates resilience and strategic growth, but market volatility remains a concern.Company Guidance
In the Q1 '25 conference call, Imperial Petroleum reported revenue of $32.1 million and a net income of $11.3 million, reflecting a 22.5% increase in revenue and a 190% rise in net income compared to Q4 '24. Despite a challenging market with softer average rates for Suezmax and product tankers down by about 25% from last year, the company remained profitable and debt-free, boasting a cash reserve of nearly $227 million. The fleet's expansion includes adding seven new dry bulk ships, increasing the fleet size by 60% to 19 ships. The company's strong performance is underpinned by strategic time charter employment, operational cost management, and opportunities arising from geopolitical events, such as sanctions and trade tariffs. The management anticipates further positive impacts from OPEC's increased output and a potential reopening of the Red Sea Gulf of Aden.Improved Financial Performance
Revenue increased by $5.9 million (22.5%) and net income rose by $7.4 million (190%) compared to Q4 '24. The company remains profitable and debt-free.
Strong Cash Position
Imperial Petroleum ended Q1 '25 with a cash base of close to $227 million, which is about three times higher than the current market cap.
Fleet Expansion
The company is adding 7 ships by the beginning of Q3, increasing fleet size by 60%, with a total of 19 ships, including 10 bulk carriers and 9 tankers.
Positive Market Conditions
OPEC's announcement to increase output and U.S.-China tariff rollback contributed positively to market conditions, boosting tanker rates.
IMPP Earnings History
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
IMPP Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 23, 2025 | $2.48 | $2.78 | +12.10% |
Feb 13, 2025 | $2.94 | $2.84 | -3.40% |
Dec 02, 2024 | $3.18 | $3.03 | -4.72% |
Aug 27, 2024 | $4.06 | $4.13 | +1.72% |
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 Imperial Petroleum, Inc. (IMPP) report earnings?
Imperial Petroleum, Inc. (IMPP) is schdueled to report earning on Jul 23, 2025, TBA Not Confirmed.
What is Imperial Petroleum, Inc. (IMPP) earnings time?
Imperial Petroleum, Inc. (IMPP) earnings time is at Jul 23, 2025, TBA Not 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 IMPP EPS forecast?
IMPP EPS forecast for the fiscal quarter 2025 (Q2) is 0.04.