Pyxis Tankers Inc reports results for the quarter ended in September - Earnings Summary

Pyxis Tankers

20/11/2023 14:32

* Pyxis Tankers Inc  PXS.OQ  reported quarterly adjusted
earnings
of 26 cents​​ per share for the quarter ended in September,
lower than the same quarter last year, when the company reported
EPS of 42 cents.  The lone analyst forecast for the quarter was
for earnings of 19 cents per share. 
    * Revenue fell 34.7% to $11.10 million from a year ago;
analysts
expected $8.25 million. 
    * Pyxis Tankers Inc shares had risen by 7.3% this
quarter and
lost 17.2% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged 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 "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the marine
freight &
logistics peer group is also "buy"

Wall Street's median 12-month price target for Pyxis Tankers Inc
is $9.00 
This summary was machine generated from LSEG data November 20 at
02:31 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.19           0.26           Beat
 Jun. 30 2023      0.23           0.23           Met
 Mar. 31 2023      0.64           0.71           Beat
                                  0.51