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Stock impact report

Ardmore Shipping (ASC) Stock Sinks As Market Gains: Here's Why [Yahoo! Finance]

Ardmore Shipping Corporation (ASC) 
Last ardmore shipping corporation earnings: 2/11 08:30 am Check Earnings Report
US:NYSE Investor Relations: ardmoreshipping.com
Company Research Source: Yahoo! Finance
This change lagged the S&P 500's 0.89% gain on the day. At the same time, the Dow added 1.03%, and the tech-heavy Nasdaq gained 1.25%. Shares of the shipping company witnessed a gain of 2.31% over the previous month, beating the performance of the Transportation sector with its gain of 0.81% and underperforming the S&P 500's gain of 3.56%. Market participants will be closely following the financial results of Ardmore Shipping in its upcoming release. On that day, Ardmore Shipping is projected to report earnings of $0.77 per share, which would represent a year-over-year decline of 25.96%. Alongside, our most recent consensus estimate is anticipating revenue of $68.13 million, indicating a 16.58% downward movement from the same quarter last year. In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $2.60 per share and a revenue of $249.15 million, indicating changes of -4.06% and -5.65%, respectively, from the former year. Investors should also p Show less Read more
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