Tsakos Energy Navigation: Q1 Earnings Insights

 

Tsakos Energy Navigation TNP reported its Q1 earnings results on Thursday, June 30, 2022 at 08:00 AM.

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

Earnings

Tsakos Energy Navigation beat estimated earnings by 42.86%, reporting an EPS of $-0.12 versus an estimate of $-0.21.

Revenue was up $10.69 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.5 which was followed by a 6.49% increase in the share price the next day.

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

 

Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021
EPS Estimate -0.61 -1.12 -1.25 -0.83
EPS Actual -1.11 -1.72 -1.49 -0.71
Revenue Estimate 100.38M 84.34M 106.14M 127.82M
Revenue Actual 139.13M 131.56M 136.41M 139.01M

To track all earnings releases for Tsakos Energy Navigation visit their earnings calendar here.

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

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