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

Teekay Tankers

13/05/2022 19:10

* Teekay Tankers Ltd  TNK.N  reported a quarterly adjusted
loss
of 41 cents​​ per share for the quarter ended in March. The mean
expectation of eight analysts for the quarter was for a loss
of 68 cents per share.
    * Revenue fell 1.8% to $72.40 million from a year ago; 
analysts
expected $61.26 million. 
    * Teekay Tankers Ltd's reported EPS for the quarter was a
loss
of 41 cents​.
    * The mean earnings estimate of analysts had fallen by
about 24.4%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Teekay Tankers Ltd shares had risen by 15.2% this
quarter and
gained 46.2% so far this year.
    * The company reported a quarterly loss of $13.94 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 May 13 at 06:10 p.m.  ​All
figures in US dollars unless otherwise stated