Investing.com - StealthGas reported on Monday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
StealthGas announced earnings per share of $0.180 on revenue of $34.9M. Analysts polled by Investing.com anticipated EPS of $-0.040 on revenue of $29.3M.
StealthGas shares are up 47% from the beginning of the year , still down 25.60% from its 52 week high of $4.18 set on Wednesday, June 15, 2022.
StealthGas shares gained 2.25% in pre-market trade the report.
StealthGas follows other major Energy sector earnings this month
StealthGas's report follows an earnings beat by Exxon Mobil on Friday, October 28, 2022, who reported EPS of $4.45 on revenue of $112.07B, compared to forecasts EPS of $3.67 on revenue of $107.24B.
Chevron had beat expectations on Friday, October 28, 2022 with third quarter EPS of $5.66 on revenue of $66.64B, compared to forecast for EPS of $4.83 on revenue of $57.03B.
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