Teekay Tankers Ltd expected to post a loss of $1.04 a share - Earnings Preview

Teekay Tankers

03/08/2021 18:09

* Teekay Tankers Ltd  TNK.N   TNK  is expected to show a fall in
quarterly revenue when it reports results on August 5. 
* The Vancouver, British Columbia-based company is expected to
report   a 57.2% decrease in revenue to $79.2 million from
$184.93 million a year ago, according to the mean estimate from
6 analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Teekay Tankers Ltd is
for a loss of $1.04 per share. For the same quarter last year,
the company reported earnings of $2.39 per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 6 "strong buy" or "buy," 1
"hold" and 1 "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 Teekay Tankers
Ltd is $20​, about 38.2% above​ its last closing price
of $12.37. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  -0.77       -0.80      -0.65     Beat    18.5
 Dec. 31 2020  -1.01       -0.99      -1.21     Missed  -22
 Sep. 30 2020  0.19        0.19       0.09      Missed  -53​
 Jun. 30 2020  2.54        2.56       2.39      Missed  -6.5
 Mar.          3.10​       2.99       3.27      Beat    9.5​
 31​ 2020​                                              
 Dec. 31 2019  1.94        2.04       2.47      Beat    21.3​
 Sep. 30 2019  -0.82       -0.70      -0.64     Beat    9.1
 Jun. 30 2019  -0.60       -0.60      -0.40     Beat    33.3
 This summary was machine generated August 3 at 17:09 GMT.  All
figures in US dollars unless otherwise stated