Shares of Teekay Tankers TNK were unchanged after the company reported Q2 results.
Quarterly Results
Earnings per share decreased 151.46% year over year to ($1.23), which missed the estimate of ($0.98).
Revenue of $123,420,000 declined by 33.26% from the same period last year, which beat the estimate of $80,650,000.
Looking Ahead
Earnings guidance hasn't been issued by the company for now.
Revenue guidance hasn't been issued by the company for now.
Details Of The Call
Date: Aug 05, 2021
Time: 12:00 PM
ET Webcast URL: https://globalmeet.webcasts.com/starthere.jsp?ei=1481735&tp_key=02d0e081fe
Recent Stock Performance
52-week high: $16.30
52-week low: $8.90
Price action over last quarter: down 17.89%
Company Description
Teekay Tankers Ltd is a provider of marine services to the global oil and natural gas industries and an operator of medium-sized oil tankers. The company operates in two segments: tanker and ship-to-ship transfer. The vast majority of its revenue comes from the tanker segment, which consists of crude oil and product tankers for different contracts.
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