Tsakos Energy Navigation Ltd expected to post earnings of $1.24 a share - Earnings Preview

Tsakos Energy Navigation

03/09/2024 14:34

* Tsakos Energy Navigation Ltd  TEN.N   TEN  is expected
to show a
fall in quarterly revenue when it reports  results on September
5 (estimated) for the period ending June 30 2024
    * The Athina Attiki-based  company is expected to report a
6.8% decrease in revenue to $170.13 million from $182.56 million
a year ago, according to the estimate from one analyst, based on
LSEG data.
    * ​LSEG's mean analyst estimate for Tsakos Energy Navigation
Ltd
is for earnings of $1.24 per share. 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 2 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 29.0%
in the last three months. ​
    * Wall Street's median 12-month price target for Tsakos
Energy
Navigation Ltd is $35.50​, above​ its last closing price
of $24.97. ​​​

This summary was machine generated September 3 at 13:34 GMT. 
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)