Tsakos Energy Navigation Q1 EPS $5.69 Beats $2.79 Estimate, Sales $261.21M Beat $209.15M Estimate
Portfolio Pulse from Happy Mohamed
Tsakos Energy Navigation (NYSE:TNP) reported Q1 earnings of $5.69 per share, beating the analyst consensus estimate of $2.79 by 103.94%. Quarterly sales were $261.21M, surpassing the estimate of $209.15M by 24.89%. This is a significant increase compared to the same period last year.
May 30, 2023 | 1:11 pm
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Tsakos Energy Navigation's Q1 earnings beat analyst estimates with EPS of $5.69 and sales of $261.21M, showing strong growth compared to last year.
Tsakos Energy Navigation's Q1 earnings exceeded analyst expectations, with a 103.94% beat on EPS and a 24.89% beat on sales. This strong performance, compared to a loss in the same period last year, indicates a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100