Tsakos Energy Navigation (NYSE: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.
Earnings
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.
Past Earnings Performance
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 |
To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
