Imperial Petroleum Inc reports results for the quarter ended September 30 - Earnings Summary

• Imperial Petroleum Inc IMPP.OQ reported quarterly adjusted earnings of 27 cents​​ per share for the quarter ended September 30. The lone analyst forecast for the quarter was for earnings of 26 cents per share.

• Revenue was $33.02 million​; analysts expected $35.80 million.

• Imperial Petroleum Inc's reported EPS for the quarter was 27 cents​.

• The company reported quarterly net income of $10.06 million.

• Imperial Petroleum Inc shares had fallen by 23.4% this quarter and gained 20.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 13% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the renewable fuels peer group is also "buy"

Wall Street's median 12-month price target for Imperial Petroleum Inc is $8.00

This summary was machine generated from LSEG data December 2 at 03:26 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)