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

Nordic American Tankers

22/05/2023 14:31

* Nordic American Tanker Ltd  NAT.N  reported quarterly
adjusted
earnings of 22 cents​​ per share for the quarter ended in March.
The mean expectation of four analysts for the quarter was
for earnings of 20 cents per share.
    * Revenue rose 461.1% to $87.09 million from a year ago;
analysts
expected $80.03 million. 
    * Nordic American Tanker Ltd's reported EPS for the quarter
was 22
cents​.
    * The mean earnings estimate of analysts had fallen by
about 9.7%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates 
    * Nordic American Tanker Ltd shares had fallen by 6.6% this
quarter and gained 20.9% so far this year.
    * Wall Street's median 12-month price target for Nordic
American
Tanker Ltd is $4.90 
    * 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 LSEG Refinitiv data May
22 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.20           0.22           Beat
 Dec. 31 2022      0.20           0.17           Missed
 Sep. 30 2022      0.06           0.05           Missed
 Jun. 30 2022      -0.03          -0.02          Beat