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Teekay Tankers Ltd (TNK) Tops Q3 EPS by 21c; offers guidance

November 2, 2023 4:44 AM

Teekay Tankers Ltd (NYSE: TNK) reported Q3 EPS of $2.24, $0.21 better than the analyst estimate of $2.03. Revenue for the quarter came in at $285.86 million versus the consensus estimate of $167.53 million.

GUIDANCE:

Q4-23 Outlook: Net revenues expected to decrease of approximately 115 spot market revenue days, primarily due to more scheduled dry dockings in Q4-23.

For earnings history and earnings-related data on Teekay Tankers Ltd (TNK) click here.

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Earnings