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

Teekay Tankers

13/05/2021 13:45

* Teekay Tankers Ltd  TNK.N  reported a quarterly adjusted loss
of 65 cents​​ per share for the quarter ended in March. The mean
expectation of eight analysts for the quarter was for a loss
of 80 cents per share.
* Revenue fell 66.9% to $73.70 million from a year ago; 
analysts expected $94.29 million. 
* Teekay Tankers Ltd's reported EPS for the quarter was a loss
of 63 cents​.
* The mean earnings estimate of analysts had fallen by
about 123.2% in the last three months.​ 
* In the last 30 days there have been no negative revisions of
earnings estimates 
* Teekay Tankers Ltd shares had fallen by 1.4% this quarter and
gained 24.5% so far this year.
* The company reported a quarterly loss of $21.37 million.
* Wall Street's median 12-month price target for Teekay Tankers
Ltd is $19.00 
* 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 May 13 at 12:45 p.m. GMT.
​All figures in US dollars