Recap: Teekay Tankers Q1 Earnings

Teekay Tankers TNK reported its Q1 earnings results on Thursday, May 12, 2022 at 02:00 AM.

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

Earnings

Teekay Tankers beat estimated earnings by 43.06%, reporting an EPS of $-0.41 versus an estimate of $-0.72.

Revenue was up $31.27 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.09 which was followed by a 8.71% increase in the share price the next day.

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

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.