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.
Earnings
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.
Past Earnings Performance
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.
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