ASC
Ardmore Shipping Corporation
Ardmore Shipping (ASC) Q2 2026 earnings
Published Jul 29, 2026
AI summary
- Revenue $116M, up 61% from $72.0M a year ago.
- Adjusted EPS $1.18 beat the $1.10 consensus by $0.07, up from $0.22 a year ago.
- Ardmore Shipping reported net income of $60.5 million for the second quarter of 2026.
- Revenue rose to $116.2 million, driven by higher spot charter rates for the company's tanker fleet.
- The company declared a cash dividend of $0.79 per share based on its variable dividend policy.
Results vs analyst consensus
Revenue
Reported
$116M
Consensus not captured before release
Not verified against provider data.
+61% YoY
Adjusted EPS
Reported · Adjusted earnings per basic and diluted share
$1.18
Consensus $1.10
Beat by $0.07GAAP EPS: $1.48
Consensus: Yahoo Finance · Q2 2026 · EPS estimate at release
Revenue display rounded; difference uses exact result.
Next quarter outlook
No guidance in this release.
What to watch
- Results included a $12.2 million gain from the sale of the Ardmore Engineer vessel.
- Geopolitical tensions in the Middle East and Red Sea continue to create market volatility and uncertainty.
Read original report
Source: Ardmore Shipping Corporation press release · SEC Form 6-K exhibit 99.1