Teekay Tankers (NYSE:TNK) reported its Q1 earnings results on Thursday, May 12, 2022 at 02:00 AM.
Here's what investors need to know about the announcement.
Earnings
Teekay Tankers beat estimated earnings by 43.06%, reporting an EPS of $-0.41 versus an estimate of $-0.72.
Revenue was up $31.27 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.09 which was followed by a 8.71% increase in the share price the next day.
Here's a look at Teekay Tankers's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.83 | -1.62 | -0.98 | -0.80 |
| EPS Actual | -0.74 | -1.48 | -1.23 | -0.65 |
| Revenue Estimate | 61.36M | 41.17M | 80.65M | 94.29M |
| Revenue Actual | 160.31M | 115.89M | 123.42M | 142.75M |
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.
