Teekay Tankers Ltd (TNK) Misses Q1 EPS by 8c
Teekay Tankers Ltd (NYSE: TNK) reported Q1 EPS of $0.29, $0.08 worse than the analyst estimate of $0.37. Revenue for the quarter came in at $164.95 million versus the consensus estimate of $160.1 million.
During the first quarter of 2016, the Company generated $66.2 million, or $0.42 per share, of free cash flow(2), compared to $53.0 million, or $0.46 per share, in the first quarter of 2015.
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