• Mon. Jan 30th, 2023

Recap: Teekay Tankers Q3 Earnings – Teekay Tankers (NYSE:TNK)

ByBenzinga Insights

Nov 3, 2022
Recap: Teekay Tankers Q3 Earnings - Teekay Tankers (NYSE:TNK)

Teekay Tankers TNK reported its Q3 earnings results on Thursday, November 3, 2022 at 02:00 AM.

Here’s what investors need to know about the announcement.

Earnings

Teekay Tankers beat estimated earnings by 0.59%, reporting an EPS of $1.7 versus an estimate of $1.69.

Revenue was up $163.50 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.12 which was followed by a 0.53% increase in the share price the next day.

Here’s a look at Teekay Tankers’s past performance:

 








Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 0.64 -0.72 -0.83 -1.62
EPS Actual 0.76 -0.41 -0.74 -1.48
Revenue Estimate 114.58M 59.75M 61.36M 41.17M
Revenue Actual 242.39M 174.02M 160.31M 115.89M

To track all earnings releases for Teekay Tankers visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.



Image and article originally from www.benzinga.com. Read the original article here.