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

Teekay Tankers

24/02/2023 09:53

* Teekay Tankers Ltd  TNK.N  reported quarterly adjusted
earnings
of $4.33​​ per share for the quarter ended in December. The mean
expectation of seven analysts for the quarter was for earnings
of $3.33 per share.
    * Revenue rose 265.8% to $235.33 million from a year ago;
analysts
expected $198.85 million. 
    * Teekay Tankers Ltd's reported EPS for the quarter was
$4.30​.
    * The mean earnings estimate of analysts had risen by
about 16.2%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * Teekay Tankers Ltd shares had risen by 37.4% this quarter.
    * The company reported quarterly net income of $146.43
million.
    * Wall Street's median 12-month price target for Teekay
Tankers
Ltd is $49.05 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
24 at 09:53 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      3.33           4.33           Beat
 Sep. 30 2022      1.69           1.70           Beat
 Jun. 30 2022      0.68           0.76           Beat
 Mar. 31 2022      -0.68          -0.41          Beat