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Imperial Petroleum, Inc. (IMPP)
NASDAQ:IMPP
RESEARCH TOOLSreports
Earnings Data
Report Date
Jun 17, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.04Last Year’s EPS
0.59Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 13, 2025
|% Change Since: -7.14%
|Next Earnings Date:Jun 17, 2025
Earnings Call Sentiment|Neutral
The call highlighted strong operational performance, fleet growth, and a robust financial position despite facing challenges such as declining market rates and foreign exchange losses. The company's strong profitability and cash reserves are notable positives.Company Guidance
During the Q4 and full-year 2024 conference call, Imperial Petroleum reported on its operational and financial performance amidst atypical market conditions. The company achieved an operational utilization rate of 86% for Q4 and 78.3% for the entire year, with 29% of fleet days dedicated to time charter activity. Despite softer market conditions impacting quarterly revenues, which totaled $26 million, the company maintained strong operating income of nearly $5 million and a net income of $3.9 million. Annual results were robust, with a net income of $50 million and operating cash flow approximating $78 million. The fleet expanded to 12 vessels following the addition of the Clean Imperial tanker. Imperial Petroleum highlighted a debt-free balance sheet and a stable cash base of $207 million, signaling a 67% increase in available cash over the year. Looking forward, the company aims to capitalize on growth opportunities and sustain profitability in 2025, with anticipated oil demand growth driven by emerging economies and a recovering Chinese market.Strong Operational Utilization
Achieved an operational utilization rate of 86% in Q4 2024, attributed to increased time charter coverage.
Fleet Growth
Increased fleet size with the delivery of the product tanker Clean Imperial, bringing the total fleet to 12 vessels.
Annual Profitability
Ended 2024 with a profit of approximately $50 million and an operating cash flow close to $78 million.
Debt-Free Capital Structure
Maintained a debt-free status, facilitating robust cash flow generation.
Cash Reserves
A hefty cash base of close to $207 million, with a 67% increase in available cash placed under time deposits.
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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
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IMPP Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| 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% |
| May 16, 2024 | $3.59 | $3.93 | +9.47% |
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.
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FAQ
When does Imperial Petroleum, Inc. (IMPP) report earnings?
Imperial Petroleum, Inc. (IMPP) is schdueled to report earning on Jun 17, 2025, TBA Not Confirmed.
What is Imperial Petroleum, Inc. (IMPP) earnings time?
Imperial Petroleum, Inc. (IMPP) earnings time is at Jun 17, 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 (Q1) is 0.04.
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