Nordic American Tankers NAT reported its Q1 earnings results on Tuesday, May 31, 2022 at 07:00 AM.
Here's what investors need to know about the announcement.
Earnings
Nordic American Tankers missed estimated earnings by 40.0%, reporting an EPS of $-0.14 versus an estimate of $-0.1.
Revenue was down $3.29 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.0 which was followed by a 12.28% increase in the share price the next day.
Here's a look at Nordic American Tankers's past performance:
Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
---|---|---|---|---|
EPS Estimate | -0.12 | -0.16 | -0.17 | -0.17 |
EPS Actual | -0.12 | -0.22 | -0.18 | -0.16 |
Revenue Estimate | 21.10M | 15.29M | 20.32M | 24.23M |
Revenue Actual | 22.62M | 9.31M | 16.75M | 18.81M |
To track all earnings releases for Nordic American Tankers visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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