Teekay Tankers Ltd reports results for the quarter ended June 30 - Earnings Summary

Teekay Tankers

29/07/2026 22:00

Teekay Tankers Ltd TNK.N reported quarterly adjusted earnings of $5.56​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $1.41.  The mean expectation of seven analysts for the quarter was for earnings of $5.61 per share. Wall Street expected results to range from $4.31  to $6.62 per share.
Revenue rose 63% to $379.51 million from a year ago; analysts expected $297.19 million. 
Teekay Tankers Ltd's reported EPS for the quarter was $6.49​.
The company reported quarterly net income of $225.91 million.
Teekay Tankers Ltd shares had risen by 18.4% this quarter and gained 45.6% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 95.4% in the last three months.​ 
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 1 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the oil & gas transportation services peer group is also "buy" 
Wall Street's median 12-month price target for Teekay Tankers Ltd is $86.00, about 9.1% above its last closing price of $78.18
This summary was machine generated from LSEG data July 29 at 09:00 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING
ESTIMATE 
ACTUAL
BEAT, MET, MISSED
Jun. 30 2026 
5.61
5.56
Missed
Mar. 31 2026 
3.30
3.69
Beat
Dec. 31 2025 
2.67
2.80
Beat
Sep. 30 2025 
1.36
1.54
Beat