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NATBearishEarningsnews
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Earnings Preview: Nordic American Tankers (NAT) Q1 Earnings Expected to Decline

May 20, 2024, 11:16 AM EDT1 sourcesAI-analyzed

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What happened, with direct paths to the underlying reporting

- Nordic American Tankers (NAT) expected to report lower earnings and revenues in Q1 2024. - Consensus estimate of $0.11 EPS and $66.19 million in revenue, a 50% and 24% decrease respectively. - Earnings ESP for NAT is at 0%, making it difficult to predict if it will beat estimates. - Company history shows mixed results in meeting consensus EPS estimates. - Other factors besides earnings may influence NAT stock movement. Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Research Analysis

  • Nordic American Tankers (NAT) expected to report lower earnings and revenues in Q1 2024.
  • Consensus estimate of $0.11 EPS and $66.19 million in revenue, a 50% and 24% decrease respectively.
  • Earnings ESP for NAT is at 0%, making it difficult to predict if it will beat estimates.
  • Company history shows mixed results in meeting consensus EPS estimates.
  • Other factors besides earnings may influence NAT stock movement.

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