STEALTHGAS INC. Reports Fourth Quarter and Twelve Months Ended December 31, 2018 Financial and Operating Results
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StealthGas (GASS) Misses Q4 EPS by 4c, Revenues Beat
February 21, 2019 9:27 AM ESTStealthGas (NASDAQ: GASS) reported Q4 EPS of ($0.04), $0.04 worse than the analyst estimate of $0.00. Revenue for the quarter came in at $38.53 million versus the consensus estimate of $37.04 million.
Fourth Quarter 2018 Results:
Revenues for the three months ended December 31, 2018 amounted to $38.5 million, an increase of $0.1 million, or 0.3%, compared to revenues of $38.4 million for the three months ended December 31, 2017, in spite of decreased voyage days of 159 days and weaker than anticipated spot rates, due to the rise in rates of the majority of our period charters.Voyage expenses and vessels operating expenses for the three months ended... More