Nordic American Tankers Ltd reports results for the quarter ended June 30 - Earnings Summary

Nordic American Tankers

27/08/2026 21:55

Nordic American Tankers Ltd NAT.N reported quarterly adjusted earnings of 32 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -4 cents.  The mean expectation of three analysts for the quarter was for earnings of 19 cents per share. Wall Street expected results to range from 15 cents to 23 cents per share.
Revenue rose 97.5% to $79.30 million from a year ago; analysts expected $84.18 million. 
Nordic American Tankers Ltd's reported EPS for the quarter was 32 cents​.
The company reported quarterly net income of $68.34 million.
Nordic American Tankers Ltd shares had risen by 17.7% this quarter and gained 89.5% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 8% in the last three months.​ 
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 1 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the oil & gas transportation services peer group is  "buy."
Wall Street's median 12-month price target for Nordic American Tankers Ltd is $5.50, about 22.9% below its last closing price of $6.76
This summary was machine generated from LSEG data August 27 at 08:54 p.m. UTC. ​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)
QUARTER ENDING
ESTIMATE 
ACTUAL
BEAT, MET, MISSED
Jun. 30 2026 
0.19
0.32
Beat
Mar. 31 2026 
0.15
0.15
Met
Dec. 31 2025 
0.14
0.06
Missed
Sep. 30 2025 
0.02
-0.01
Missed