Recap: Teekay Tankers Q3 Earnings

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.

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.

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.

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