Preview: Tsakos Energy Navigation's Earnings
Portfolio Pulse from Benzinga Insights
Tsakos Energy Navigation (NYSE:TNP) is set to release its latest quarterly earnings report on September 7, 2023. Analysts estimate an EPS of $1.60. The company's past performance shows a pattern of share price drops following earnings beats. The stock was trading at $19.69 as of September 5, with a 25% increase over the last 52-week period.
September 06, 2023 | 3:01 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Tsakos Energy Navigation is expected to report an EPS of $1.60 in its upcoming earnings. The company's stock has a history of price drops following earnings beats.
Tsakos Energy Navigation has a history of its share price dropping following earnings beats. Given that analysts are predicting an EPS of $1.60, if the company beats this estimate, it could potentially lead to a drop in the share price based on past trends.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100