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 (NYSE:MMM).
StealthGas shares are up 47% from the beginning of the year and are trading at $3.180 , down-from-52-week-high.
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 October 28, 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 October 28 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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