Nordic American Tanker Ltd expected to post earnings of 4cents a share - Earnings Preview

Nordic American Tankers

28/10/2022 19:33

* Nordic American Tanker Ltd  NAT.N   NAT  is expected
to show a
rise in quarterly revenue when it reports  results on October 31
(estimated). 
    * The Hamilton Bermuda-based   company is expected to report
 a
406.8% increase in revenue to $47.203 million from $9.31 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 4 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "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​, above​ its last closing price of $3.05. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 30 2021  -0.22       -0.21      -0.27     Missed  -29.5
 ​​Jun.        -0.18       -0.17      -0.18     Missed  -8
 30 2021                                                
 Mar. 31 2021  -0.17       -0.17      -0.16     Beat    4.8​
 Dec. 31 2020  -0.17       -0.18      -0.19     Missed  -7.5
 Sep. 30 2020  -0.04       -0.04      -0.07     Missed  -62.8
 This summary was machine generated October 28 at 18:33 GMT.  All
figures in US dollars  unless otherwise stated