Nordic American Tanker Ltd expected to post earnings of 14  cents a share - Earnings Preview

Nordic American Tankers

25/08/2023 14:54

* Nordic American Tanker Ltd  NAT.N   NAT  is expected
to show a
rise in quarterly revenue when it reports  results on August
28. 
    * The Hamilton Bermuda-based   company is expected to report
 a
96.6% increase in revenue to $68.323 million from $34.75 million
a year ago, according to the mean estimate from 4 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Nordic American
Tanker
Ltd is for earnings of 14 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Nordic
American
Tanker Ltd is $4.6​, above​ its last closing price of $4.20. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.22        0.20       0.22      Beat    8.5
 Dec. 31 2023  0.19        0.20       0.17      Missed  -13.2
 Sep. 30 2022  0.07        0.06       0.05      Missed  -16.7​
 Jun. 30 2022  -0.03       -0.03      -0.02     Beat    41.6
 ​​Mar.        -0.12       -0.12      -0.14     Missed  -12
 31 2022                                                
 Dec. 31 2021  -0.12       -0.12      -0.12     Met     -2.4​
 Sep. 30 2021  -0.22       -0.21      -0.27     Missed  -29.5
 Jun. 30 2021  -0.18       -0.17      -0.18     Missed  -8
 This summary was machine generated August 25 at 13:54 GMT.  All
figures in US dollars  unless otherwise stated