Nordic American Tanker Ltd reports results for the quarter ended in December - Earnings Summary

Nordic American Tankers

27/02/2023 14:33

* Nordic American Tanker Ltd  NAT.N  reported quarterly
adjusted
earnings of 17 cents​​ per share for the quarter ended in
December. The mean expectation of five analysts for the quarter
was for earnings of 20 cents per share.
    * Revenue rose 214.2% to $71.10 million from a year ago;
analysts
expected $78.34 million. 
    * Nordic American Tanker Ltd's reported EPS for the quarter
was 17
cents​.
    * The mean earnings estimate of analysts had fallen by
about 98.8%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Nordic American Tanker Ltd shares had risen by 24.2% this
quarter.
    * The company reported quarterly net income of $36.03
million.
    * Wall Street's median 12-month price target for Nordic
American
Tanker Ltd is $4.00 
    * 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." 

This summary was machine generated from Refinitiv data February
27 at 02:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.20           0.17           Missed
 Sep. 30 2022      0.06           0.05           Missed
 Jun. 30 2022      -0.03          -0.02          Beat
 Mar. 31 2022      -0.12          -0.14          Missed