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

Teekay Tankers

05/08/2021 08:56

* Teekay Tankers Ltd  TNK.N  reported a quarterly adjusted loss
of $1.23​​ per share for the quarter ended in June. The mean
expectation of eight analysts for the quarter was for a loss of
$1.05 per share.
* Revenue fell 72.1% to $51.65 million from a year ago; 
analysts expected $78.87 million. 
* Teekay Tankers Ltd's reported EPS for the quarter was a loss
of $3.83​.
* The mean earnings estimate of analysts had fallen by
about 31.6% in the last three months.​ 
* In the last 30 days three analysts negatively revised earnings
estimates 
* Teekay Tankers Ltd shares had fallen by 18.5% this quarter and
gained 6.7% so far this year.
* The company reported a quarterly loss of $129.14 million.
* Wall Street's median 12-month price target for Teekay Tankers
Ltd is $20.00 
* 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 August 5 at 07:56 a.m.  ​All
figures in US dollars unless otherwise stated