Earnings Outlook For Tsakos Energy Navigation
Portfolio Pulse from Benzinga Insights
Tsakos Energy Navigation (NYSE:TNP) is scheduled to release its quarterly earnings report on March 27, 2024, with analysts expecting an EPS of $1.71. The company's past earnings performance shows a mix of hits and misses against estimates, with the stock price reacting accordingly. Shares have risen 32.11% over the last 52 weeks, indicating a positive outlook from long-term shareholders ahead of the earnings announcement.
March 26, 2024 | 5:01 pm
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Tsakos Energy Navigation is expected to report an EPS of $1.71 in its upcoming earnings, with a history of mixed performance against estimates. Shares have appreciated 32.11% over the past year, reflecting a positive sentiment among investors.
Given the positive year-over-year share price increase and the anticipation surrounding the earnings report, TNP's stock is likely to see continued investor interest in the short term. The historical data suggests that the company's performance relative to earnings estimates can significantly impact its stock price. Positive guidance could further bolster investor sentiment.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100