Tsakos Energy Navigation Q2 EPS $1.65 Beats $1.60 Estimate, Sales $221.45M Beat $174.10M Estimate
Portfolio Pulse from Happy Mohamed
Tsakos Energy Navigation (NYSE:TNP) reported Q2 earnings of $1.65 per share, beating the analyst consensus estimate of $1.60 by 3.12%. This is a 25.95% increase from the same period last year. The company also reported quarterly sales of $221.45 million, beating the analyst consensus estimate of $174.10 million by 27.20%. This is a 2.19% increase from the same period last year.
September 07, 2023 | 12:50 pm
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POSITIVE IMPACT
Tsakos Energy Navigation reported better than expected Q2 earnings and sales, which could positively impact its stock price.
Tsakos Energy Navigation reported Q2 earnings and sales that beat analyst estimates. This is generally seen as positive news and could lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100