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

Nordic American Tankers

19/05/2023 14:11

* Nordic American Tanker Ltd  NAT.N   NAT  is expected
to show a
rise in quarterly revenue when it reports  results on May 22. 
    * The Hamilton Bermuda-based   company is expected to report
 a
415.6% increase in revenue to $80.033 million from $15.52
million a year ago, according to the mean estimate from 3
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 was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Nordic
American
Tanker Ltd is $4.9​, above​ its last closing price of $3.60. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  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. 31 2022  -0.12       -0.12      -0.14     Missed  -12
 ​​Dec.        -0.12       -0.12      -0.12     Met     -2.4
 31 2021                                                
 Sep. 30 2021  -0.22       -0.21      -0.27     Missed  -29.5​
 Jun. 30 2021  -0.18       -0.17      -0.18     Missed  -8
 Mar. 31 2021  -0.17       -0.17      -0.16     Beat    4.8
 This summary was machine generated May 19 at 13:11 GMT.  All
figures in US dollars  unless otherwise stated