Recap: Teekay Tankers Q2 Earnings


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.



Teekay Tankers (NYSE:TNK) reported its Q2 earnings results on Thursday, August 4, 2022.

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

Earnings

Teekay Tankers beat estimated earnings by 18.75%, reporting an EPS of $0.76 versus an estimate of $0.64.

Revenue was up $118.97 million from the same period last year.


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Past Earnings Performance

Last quarter the company beat on EPS by $0.31 which was followed by a 0.25% increase in the share price the next day.

Here's a look at Teekay Tankers's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate -0.72 -0.83 -1.62 -0.98
EPS Actual -0.41 -0.74 -1.48 -1.23
Revenue Estimate 59.75M 61.36M 41.17M 80.65M
Revenue Actual 174.02M 160.31M 115.89M 123.42M

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.


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


Posted In: EarningsNewsBZI-Recaps