Nordic American Tankers Ltd expected to post earnings of 5 cents a share - Earnings Preview

Nordic American Tankers

27/11/2023 13:39

* Nordic American Tankers Ltd  NAT.N   NAT  is expected
to show a
rise in quarterly revenue when it reports  results on November
29 for the period ending June 30 2023
    * The Hamilton Bermuda-based   company is expected to report
a
24.8% increase in revenue to $59.141 million from $47.38 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 5 cents per share. 
    * 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."  
    * 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 $5.00​, above​ its last closing price of $4.44.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2023  0.14        0.13       0.13      Met     -1.9
 Mar. 31 2023  0.22        0.20       0.22      Beat    8.5
 Dec. 31 2022  0.19        0.20       0.17      Missed  -13.2​
 Sep. 30 2022  0.07        0.06       0.05      Missed  -16.7
 ​​Jun.        -0.03       -0.03      -0.02     Beat    41.6
 30 2022                                                
 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
 This summary was machine generated November 27 at 13:39 GMT. 
All figures in US dollars unless otherwise stated