StealthGas – GASS – 1Q20 EPS Beats; Repurchased 1.4 Million Shares, Secured Four New Time Charters – Adj. EPS of $0.08 which came in above our estimate of $0.04 primarily due to fewer than expected offhire days and lower than expected G&A and interest expenses incurred during the quarter – Jefferies

StealthGas (GASS) – BUY, $2.54 PT: $4.00 – This morning, StealthGas Inc. reported an adj. EPS of $0.08 which came in above our estimate of $0.04 primarily due to fewer than expected offhire days and lower than expected G&A and interest expenses incurred during the quarter. In recent months, GASS extended two charters on multi-month contracts and secured time charters on two tankers for one and two years, respectively. The Company completed a tender offer for 1.4 million shares totaling $2.9 MM in 2Q20. – Jefferies Maritime Research, May 26, 2020