Nordic American Tankers (NAT) Lags Q3 Earnings and Revenue Estimates
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Nordic American Tankers (NAT) reported Q3 earnings of $0.04 per share, missing the Zacks Consensus Estimate of $0.06 per share. This is consistent with their earnings from the same quarter last year.
November 29, 2024 | 2:45 pm
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Nordic American Tankers reported Q3 earnings of $0.04 per share, below the expected $0.06, matching last year's performance.
The earnings miss indicates potential short-term negative sentiment among investors, as the company did not meet analyst expectations. This could lead to a decrease in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100