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

Nordic American Tankers

30/08/2022 13:42

* Nordic American Tanker Ltd  NAT.N  reported a quarterly
adjusted
loss of 2 cents​​ per share for the quarter ended in June. The
mean expectation of five analysts for the quarter was for a loss
of 3 cents per share.
    * Revenue rose 107.5% to $34.75 million from a year ago;
analysts
expected $40.24 million. 
    * Nordic American Tanker Ltd's reported EPS for the quarter
was a
loss of 2 cents​.
    * The mean earnings estimate of analysts had risen by
about 47.2%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Nordic American Tanker Ltd shares had risen by 26.8% this
quarter and gained 59.8% so far this year.
    * The company reported a quarterly loss of $3.95 million.
    * Wall Street's median 12-month price target for Nordic
American
Tanker Ltd is $2.75 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data August 30
at 12:42 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      -0.03          -0.02          Beat
 Mar. 31 2022      -0.12          -0.14          Missed
 Dec. 31 2021      -0.12          -0.12          Met
 Sep. 30 2021      -0.21          -0.27          Missed