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Nordic American Tankers (NYSE:NAT) reported its Q4 earnings results on Thursday, February 29, 2024 at 05:23 AM.
Here's what investors need to know about the announcement.
Nordic American Tankers missed estimated earnings by -38.0%, reporting an EPS of $0.08 versus an estimate of $0.13.
Revenue was down $11.84 million from the same period last year.
Last quarter the company missed on EPS by $0.01 which was followed by a 1.0% drop in the share price the next day.
Here's a look at Nordic American Tankers's past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.05 | 0.14 | 0.20 | 0.19 |
| EPS Actual | 0.04 | 0.13 | 0.22 | 0.17 |
| Revenue Estimate | 59.14M | 68.32M | 80.03M | 74.12M |
| Revenue Actual | 48.04M | 67.80M | 87.09M | 71.10M |
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.
Posted In: NAT
