Greece's Imperial Petroleum Q3 revenue up 25.5% yr/yr

) Overview Greece-based ship-owning firm’s Imerpial Petroleum’s Q3 revenue rose 25.5% yr/yr Adjusted EPS for Q3 was flat from a year ago Company raised $60 mln for fleet expansion through equity offering Outlook Company plans to use $60 mln capital raise for fleet expansion Imperial Petroleum sees solid market rates for tankers and drybulk in upcoming quarters Company aims for better performance in Q4 2025 with debt-free balance sheet Result Drivers FLEET EXPANSION - Integration of seven drybulk vessels increased fleet calendar days by 36.1% compared to Q2, boosting revenue and operational utilization TIME CHARTER SHIFT - Increased time charter activity reduced voyage expenses, as 75% of fleet calendar days were dedicated to time charters OPERATIONAL UTILIZATION - Fleet operational utilization improved to 88.7% in Q3 25’ from 65.6% in Q3 24’, enhancing income and profitability Key Details Metric Beat/Mis Actual Consensu s s Estimate Q3 Slight $41.42 $41.50 Revenue Miss* mln mln (1 Analyst) Q3 Beat $0.32 $0.11 (1 Adjusted Analyst) EPS Q3 Beat $11.80 $3.90 Adjusted mln mln (1 Net Analyst) Income Q3 Net $11 mln Income Q3 Beat $18.70 $10.20 Adjusted mln mln (1 EBITDA Analyst) Q3 $17.90 EBITDA mln *Applies to a deviation of less than 1%; not applicable for per-share numbers. Analyst Coverage The one available analyst rating on the shares is “buy” The average consensus recommendation for the renewable fuels peer group is “buy” Wall Street’s median 12-month price target for Imperial Petroleum Inc is $6.00, about 33.9% above its December 10 closing price of $4.48 The stock recently traded at 2 times the next 12-month earnings vs. a P/E of 2 three months ago Press Release: For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact . (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)