Stealthgas Q1 2021 results
| USA | Maritime Group StealthGas Inc. (GASS)BUY, $2.98 PT: $4.50 |
| This morning, StealthGas reported adj. EPS of $0.02 which was above our estimate of a loss of $0.03 primarily due to higher than expected revenues. The company sold the 2010-built vessel, Gaschem Hamburg, owned by its joint venture. GASS secured ten new charters or extensions during the quarter and now has a revenue backlog of $98 MM, including its JV vessels. Reiterate Buy as the market... |
https://allaboutshipping.co.uk/2021/05/27/stealthgas-q1-2021-results/