Euronav: Q1 Earnings Insights

Euronav EURN reported its Q1 earnings results on Thursday, May 12, 2022 at 08:00 AM.

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

Euronav beat estimated earnings by 47.62%, reporting an EPS of $-0.22 versus an estimate of $-0.42.

Revenue was up $945.00 thousand from the same period last year.

Last quarter the company beat on EPS by $0.06 which was followed by a 6.91% increase in the share price the next day.

Here's a look at Euronav's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	-0.42	-0.42	-0.38	-0.30
EPS Actual	-0.36	-0.53	-0.44	-0.35
Revenue Estimate	92.73M	92.73M	95.44M	106.04M
Revenue Actual	117.42M	99.14M	104.23M	113.42M

To track all earnings releases for Euronav visit their earnings calendar here.

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