Tsakos Energy Navigation Ltd expected to post earnings of $2.08 a share - Earnings Preview

Tsakos Energy Navigation

24/05/2024 14:10

* Tsakos Energy Navigation Ltd  TNP.N   TNP  is expected
to show a
fall in quarterly revenue when it reports  results on May 28
(estimated) for the period ending March 31 2024
    * The Athina Attiki-based  company is expected to report a
23.5% decrease in revenue to $199.88 million from $261.21
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 $2.08 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 23.3%
in the last three months. ​
    * Wall Street's median 12-month price target for Tsakos
Energy
Navigation Ltd is $35.00​, above​ its last closing price
of $30.37. ​​​

This summary was machine generated May 24 at 13:10 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)