Nordic American Tanker Ltd expected to post earnings of 20  cents a share - Earnings Preview

Nordic American Tankers

24/02/2023 19:21

* Nordic American Tanker Ltd  NAT.N   NAT  is expected
to show a
rise in quarterly revenue when it reports  results on February
27. 
    * The Hamilton Bermuda-based   company is expected to report
 a
246.2% increase in revenue to $78.339 million from $22.63
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Nordic American
Tanker
Ltd is for earnings of 20 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 had risen by
about 26.3%
in the last three months. ​
    * Wall Street's median 12-month price target for Nordic
American
Tanker Ltd is $4​, above​ its last closing price of $3.84. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2022  -0.12       -0.12      -0.14     Missed  -12​
 Dec. 31 2021  -0.12       -0.12      -0.12     Met     -2.4
 ​​Sep.        -0.22       -0.21      -0.27     Missed  -29.5
 30 2021                                                
 Jun. 30 2021  -0.18       -0.17      -0.18     Missed  -8​
 Mar. 31 2021  -0.17       -0.17      -0.16     Beat    4.8
 Dec. 31 2020  -0.17       -0.18      -0.19     Missed  -7.5
 This summary was machine generated February 24 at 19:21 GMT. 
All figures in US dollars  unless otherwise stated