Ardmore Shipping Corporation (ASC)

Ardmore Shipping beat expectations on both the top and bottom line in the second fiscal quarter of 2026, with results reported July 29. Revenue rose about 61% to $116.2 million from $72.0 million a year ago and came in above the $86.3 million consensus by 34.7%, while adjusted EPS of $1.18 topped the $1.11 estimate by 6.3% and was up from $0.22 a year ago. Net income increased to roughly $60.5 million from $9.6 million a year earlier, and gross margin held near 48% with operating margin around 43%, keeping profitability high relative to sales. The company generated operating cash flow of $52.5 million and paid $15.8 million in dividends. For the next period, consensus calls for EPS of $0.77 on revenue of $69.1 million.