Imperial Petroleum (IMPP) Expected to Announce Quarterly Earnings on Monday

Imperial Petroleum (NASDAQ:IMPP - Get Free Report) will likely be posting its results before the market opens on Monday, December 8th. Analysts expect Imperial Petroleum to post earnings of $0.10 per share and revenue of $41.20 million for the quarter.Get Imperial Petroleum alerts:Hidden Gems: 3 Value Stocks to Watch for Strong 2025 ReturnsImperial Petroleum (NASDAQ:IMPP - Get Free Report) last posted its earnings results on Friday, September 5th. The company reported $0.37 earnings per share for the quarter, beating the consensus estimate of $0.04 by $0.33. The company had revenue of $36.35 million for the quarter, compared to analyst estimates of $29.72 million. Imperial Petroleum had a return on equity of 13.80% and a net margin of 29.79%.During the same period last year, the company earned $0.73 earnings per share. Imperial Petroleum Stock PerformanceIMPP opened at $4.57 on Friday. The company has a market cap of $165.53 million, a PE ratio of 4.48 and a beta of 1.27. The stock has a 50-day moving average of $5.24 and a 200-day moving average of $4.01. Imperial Petroleum has a 52-week low of $2.12 and a 52-week high of $6.57. Institutional Trading of Imperial Petroleum5 Small-Cap Energy Stocks Surged in Price and Volume on FridayAn institutional investor recently raised its position in Imperial Petroleum stock. Mercer Global Advisors Inc. ADV boosted its holdings in Imperial Petroleum Inc. (NASDAQ:IMPP - Free Report) by 14.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 160,000 shares of the company's stock after buying an additional 20,000 shares during the period. Mercer Global Advisors Inc. ADV owned approximately 0.46% of Imperial Petroleum worth $765,000 as of its most recent SEC filing. 94.44% of the stock is owned by institutional investors and hedge funds. Analyst Ratings ChangesIMPP has been the subject of a number of recent analyst reports. Wall Street Zen cut Imperial Petroleum from a "buy" rating to a "hold" rating in a research report on Saturday. Weiss Ratings reissued a "hold (c)" rating on shares of Imperial Petroleum in a research report on Tuesday, October 14th. Finally, Maxim Group boosted their price objective on shares of Imperial Petroleum from $5.50 to $6.00 and gave the stock a "buy" rating in a research note on Wednesday, September 10th. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat, Imperial Petroleum currently has a consensus rating of "Moderate Buy" and an average target price of $6.00.Check Out Our Latest Analysis on IMPPAbout Imperial Petroleum (Get Free Report)Imperial Petroleum Inc provides international seaborne transportation services to oil producers, refineries, and commodities traders. It carries refined petroleum products, such as gasoline, diesel, fuel oil, and jet fuel, as well as edible oils and chemicals, crude oils, iron ore, coal and grains, and minor bulks, such as bauxite, phosphate, and fertilizers.Read MoreFive stocks we like better than Imperial PetroleumUsing the MarketBeat Stock Split CalculatorFive Below and Dollar Tree Earnings Signal a Shopper ShiftWith Risk Tolerance, One Size Does Not Fit AllUlta’s Stock May Be Set for a Glow-Up—20% Upside Ahead?3 Tickers Leading a Meme Stock RevivalGates Foundation Sells MSFT Stock—Should Investors Be Worried?This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Imperial Petroleum Right Now?Before you consider Imperial Petroleum, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Imperial Petroleum wasn't on the list.While Imperial Petroleum currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here