StealthGas Inc (GASS)
NASDAQ:GASS
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Earnings Data
Report Date
Aug 26, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.48Last Year’s EPS
0.59Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
Overall the call was positive: management highlighted strong liquidity and balance sheet improvements (debt eradication, cash up ~32% and later reported $155M), solid profitability (net income up 12.9% YoY, adjusted EPS $0.40), visible contracted revenues (~$100M to 2029) and favorable market tailwinds (strong spot rates, rising U.S. exports). Negative factors include the impaired/non‑operational Eco Wizard (insurance unresolved), reduced revenue‑earning days (-8.5%) and elevated drydock/insurance costs, along with geopolitical risks from the Iran conflict and some modest YoY revenue growth. On balance the company’s financial strength and market positioning outweigh near‑term operational headwinds and uncertainties.Company Guidance
Revenue Growth and Quarterly Comparison
Total revenues of $42.8 million in Q1 2026, up ~1.9% year‑over‑year (Q1 2025: $42.0M) and up 9% versus the prior quarter (Q4 2025: $39.4M).
Strong Profitability and EPS
Reported net income of $15.9 million (a 12.9% increase YoY) and adjusted net income of $15.0 million; GAAP EPS $0.43 and adjusted EPS $0.40. Management notes this quarter ranks among the top 5 most profitable in company history.
Debt Elimination and Interest Savings
Company remains essentially debt‑free (0 bank debt since July 2025 after repaying ~ $350 million over prior years). Interest expense reduced by approximately $1.4 million YoY, improving cash flow breakeven and financial flexibility.
Cash Position and Liquidity Improvement
Cash grew ~32% over three months from $99.0M to $131.2M as of March 31, 2026, with management reporting $155M cash today. Operational cash flow and vessel sale proceeds contributed; two vessels held for sale expected to boost cash by ~ $26M.
Contracted Revenue and Period Coverage
Visible contracted revenues of approximately $100 million out to 2029. For the remainder of 2026, 55% of fleet days are on period charters (bringing ~ $52M revenue) and one‑year forward coverage is ~45% of calendar days.
Fleet Management and Sale Gains
Strategic sale activity: gain of $2.5M from a vessel sale delivered in March; one vessel delivered in May and another (Eco Royalty) contracted for sale with expected delivery in September. Management pursuing replacement with newer tonnage.
Market Tailwinds and Cargo Flows
Strong spot market for MGCs and VLGCs (spot rates at all‑time highs in places), firm European freight environment, and evidence of growing U.S. exports (record U.S. weekly propane exports >2.6M barrels, +22% YoY for the last week of May).
Healthy Balance Sheet Metrics
Book value of vessels ~$475M; shareholders' equity increased $17.2M to $708M (up ~2.5% over the quarter); total liabilities modest at ~$26M (all current).
GASS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
GASS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 02, 2026 | $8.95 | $8.68 | -3.02% |
Nov 25, 2025 | $6.82 | $6.69 | -1.91% |
Aug 25, 2025 | $7.24 | $7.63 | +5.39% |
May 28, 2025 | $5.48 | $5.84 | +6.57% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does StealthGas Inc (GASS) report earnings?
StealthGas Inc (GASS) is schdueled to report earning on Aug 26, 2026, Before Open (Confirmed).
What is StealthGas Inc (GASS) earnings time?
StealthGas Inc (GASS) earnings time is at Aug 26, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is GASS EPS forecast?
GASS EPS forecast for the fiscal quarter 2026 (Q2) is 0.48.