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Ardmore Shipping: Q3 Earnings Snapshot

By AP News
Published

HAMILTON, Bermuda (AP) — HAMILTON, Bermuda (AP) — Ardmore Shipping Corp. (ASC) on Tuesday reported third-quarter profit of $21.2 million.

The Hamilton, Bermuda-based company said it had profit of 49 cents per share.

The shipping company posted revenue of $86.9 million in the period. Its adjusted revenue was $56.3 million.

Ardmore Shipping shares have declined 5.5% since the beginning of the year. The stock has declined roughly 3% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ASC at https://www.zacks.com/ap/ASC

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