Teekay Tankers Ltd reports results for the quarter ended in December - Earnings Summary

Teekay Tankers

24/02/2022 08:20

* Teekay Tankers Ltd  TNK.N  reported a quarterly adjusted
loss
of 74 cents​​ per share for the quarter ended in December. The
mean expectation of eight analysts for the quarter was for a
loss of 83 cents per share.
    * Revenue fell 7% to $64.34 million from a year ago; 
analysts
expected $61.36 million. 
    * Teekay Tankers Ltd's reported EPS for the quarter was a
loss of
$1.17​.
    * The mean earnings estimate of analysts had fallen by
about 10.6%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * Teekay Tankers Ltd shares had risen by 8.3% this quarter.
    * The company reported a quarterly loss of $39.81 million.
    * Wall Street's median 12-month price target for Teekay
Tankers
Ltd is $18.00 
    * 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." 

This summary was machine generated February 24 at 08:20 a.m.
 ​All figures in US dollars unless otherwise stated