Recap: Pyxis Tankers Q1 Earnings

Pyxis Tankers (NASDAQ:PXS) reported its Q1 earnings results on Monday, May 15, 2023 at 04:05 PM.

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

Pyxis Tankers beat estimated earnings by 10.94%, reporting an EPS of $0.71 versus an estimate of $0.64.

Revenue was up $4.71 million from the same period last year.

Last quarter the company beat on EPS by $0.07 which was followed by a 2.21% drop in the share price the next day.

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

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	0.46	0.39	0.13	-0.02
EPS Actual	0.53	0.42	0.38	-0.08
Revenue Estimate	16.06M	16.41M	10.25M	6.60M
Revenue Actual	18.38M	17.00M	16.06M	6.91M

To track all earnings releases for Pyxis Tankers visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.