CORRECTION: Ardmore Shipping Reported Q3 Adj. EPS $0.40 Beats $0.38 Estimate, Sales $87.711M Beat $63.000M Estimate

Ardmore Shipping (NYSE:ASC) reported quarterly earnings of $0.40 per share which beat the analyst consensus estimate of $0.38 by 5.26 percent. This is a 29.03 percent increase over earnings of $0.31 per share from the same period last year. The company reported quarterly sales of $87.711 million which beat the analyst consensus estimate of $63.000 million by 39.22 percent. This is a 7.96 percent increase over sales of $81.245 million the same period last year.