Tsakos Energy Navigation Ltd reports results for the quarter ended June 30 - Earnings Summary
Tsakos Energy Navigation Ltd reports results for the quarter ended June 30 - Earnings Summary
Tsakos Energy Navigation Ltd TEN.N reported quarterly adjusted earnings of $3.14 per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 67 cents. The mean expectation of three analysts for the quarter was for earnings of $2.48 per share. Wall Street expected results to range from $1.59 to $3.40 per share.
Revenue rose 54.4% to $298.41 million from a year ago; analysts expected $256.87 million.
Tsakos Energy Navigation Ltd's reported EPS for the quarter was $4.40.
The company reported quarterly net income of $131.87 million.
Tsakos Energy Navigation Ltd shares had risen by 25.3% this quarter and gained 97.7% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 15.2% 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 4 "strong buy" or "buy," no "hold" and no "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 Tsakos Energy Navigation Ltd is $42.00, about 5.5% below its last closing price of $44.32
This summary was machine generated from LSEG data September 10 at 03:03 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 | 2.48 | 3.14 | Beat |
Mar. 31 2026 | 1.96 | 2.72 | Beat |
Dec. 31 2025 | 0.77 | 1.70 | Beat |
Sep. 30 2025 | 0.80 | 1.05 | Beat |
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