Teekay Tankers Ltd expected to post a loss of 83  cents a share - Earnings Preview

Teekay Tankers

22/02/2022 19:32

* Teekay Tankers Ltd  TNK.N   TNK  is expected to show a
fall in
quarterly revenue when it reports  results on February 24. 
    * The Vancouver British Columbia-based  company is expected
to
report  a 11.3% decrease in revenue to $61.364 million from
$69.15 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 83 cents per share. For the same quarter last year,
the company reported a loss of $1.21 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 $18​, about 38.7% above​ its last closing price
of $11.03. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2021  -1.53       -1.62      -1.48     Beat    8.6
 Jun. 30 2021  -1.05       -1.05      -1.23     Missed  -16.8
 Mar. 31 2021  -0.77       -0.80      -0.65     Beat    18.5​
 Dec. 31 2020  -1.01       -0.99      -1.21     Missed  -22
 ​​Sep.        0.19        0.19       0.09      Missed  -53
 30 2020                                                
 Jun. 30 2020  2.54        2.56       2.39      Missed  -6.5​
 Mar. 31 2020  3.10        2.99       3.27      Beat    9.5
 Dec. 31 2019  1.94        2.04       2.47      Beat    21.3
 This summary was machine generated February 22 at 19:31 GMT. 
All figures in US dollars  unless otherwise stated