Nordic American Tankers Ltd expected to post earnings of 10 cents a share - Earnings Preview

Nordic American Tankers

27/05/2024 13:35

* Nordic American Tankers Ltd  NAT.N   NAT  is expected
to show a
fall in quarterly revenue when it reports  results on May 29 for
the period ending March 31 2024
    * The Hamilton Bermuda-based   company is expected to report
a
12.1% decrease in revenue to $76.562 million from $87.09 million
a year ago, according to the mean estimate from 3 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Nordic American Tankers
Ltd is
for earnings of 10 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "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
Tankers Ltd is $5.10​, above​ its last closing price of $4.28.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.13        0.13       0.08      Missed  -38.3
 Sep. 30 2023  0.03        0.05       0.04      Missed  -14
 Jun. 30 2023  0.14        0.13       0.13      Met     -1.9​
 Mar. 31 2023  0.22        0.20       0.22      Beat    8.5
 ​​Jan.        0.19        0.20       0.17      Missed  -13.2
 1 0001                                                 
 Sep. 30 2022  0.07        0.06       0.05      Missed  -16.7​
 Jan. 1 0001   -0.03       -0.03      -0.02     Beat    41.6
 Mar. 31 2022  -0.12       -0.12      -0.14     Missed  -12
 This summary was machine generated May 27 at 12:35 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)