Tsakos Energy Navigation: Q3 Earnings Insights

 

Tsakos Energy Navigation TNP reported its Q3 earnings results on Thursday, December 16, 2021 at 08:00 AM.

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

Earnings

Tsakos Energy Navigation missed estimated earnings by 53.57%, reporting an EPS of $-1.72 versus an estimate of $-1.12, which surprised analysts.

Revenue was up $11,272,000.00 from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.24, which was followed by a 2.88% drop in the share price the next day.

Here's a look at Tsakos Energy Navigation's past performance:

 

Quarter Q2 2021 Q1 2021 Q4 2020 Q3 2020
EPS Estimate -1.25 -0.83    
EPS Actual -1.49 -0.71 -1.08 -0.55
Revenue Estimate 106.14M 127.82M 127.82M 127.82M
Revenue Actual 136.41M 139.01M 131.63M 142.83M

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.

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

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