Earnings Preview For Teekay Tankers
Portfolio Pulse from Benzinga Insights
Teekay Tankers (NYSE:TNK) is set to release its quarterly earnings on October 30, 2024. Analysts expect an EPS of $2.12. Despite a past trend of share price drops post-earnings, the stock has a 'Buy' consensus with a potential 46.61% upside. The company's financials show strong net margins and ROE, but revenue growth lags behind peers.
October 29, 2024 | 7:01 pm
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Teekay Tankers is expected to report an EPS of $2.12. Despite past post-earnings price drops, the stock has a 'Buy' consensus with a potential 46.61% upside. The company's financials show strong net margins and ROE, but revenue growth lags behind peers.
Teekay Tankers is about to release its earnings, which is a significant event for the stock. The expected EPS is $2.12, and the stock has a 'Buy' rating with a substantial upside potential. Despite past trends of price drops post-earnings, the strong net margins and ROE suggest positive financial health, which could lead to a positive short-term impact if earnings meet or exceed expectations.
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