Tsakos Energy Navigation Ltd reports results for the quarter ended March 31 - Earnings Summary

Tsakos Energy Navigation

17/06/2025 15:20

Tsakos Energy Navigation Ltd TEN.N reported quarterly adjusted earnings of $1.04​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of $1.60.  The mean expectation of three analysts for the quarter was for earnings of 38 cents per share. Wall Street expected results to range from 29 cents to 51 cents per share.

Revenue fell 2.3% to $197.05 million from a year ago; analysts expected $191.51 million.

Tsakos Energy Navigation Ltd's reported EPS for the quarter was $1.04​.

The company reported quarterly net income of $30.76 million.

Tsakos Energy Navigation Ltd shares had risen by 10.7% this quarter and gained 8.9% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 33.5% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 1 "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 $29.00

This summary was machine generated from LSEG data June 17 at 02:20 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
Mar. 31 2025
0.38
1.04
Beat
Dec. 31 2024
0.37
0.42
Beat
Sep. 30 2024
0.50
0.67
Beat
Jun. 30 2024
1.24
2.36
Beat