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.

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.

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

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