Nordic American Tankers (NAT) got here out with a quarterly lack of $0.10 per share versus the Zack
Nordic American Tankers (NAT) got here out with a quarterly lack of $0.10 per share versus the Zacks Consensus Estimate of a lack of $0.06. This compares to lack of $0.15 per share a 12 months in the past. These figures are adjusted for non-recurring objects.
This quarterly report represents an earnings shock of -66.67%. 1 / 4 in the past, it was anticipated that this tanker firm would publish a lack of $0.12 per share when it truly produced a lack of $0.11, delivering a shock of 8.33%.
During the last 4 quarters, the corporate has surpassed consensus EPS estimates two occasions.
Nordic American Tankers, which belongs to the Zacks Transportation – Transport business, posted revenues of $32.35 million for the quarter ended September 2019, lacking the Zacks Consensus Estimate by 28.16%. This compares to year-ago revenues of $23.19 million. The corporate has topped consensus income estimates simply as soon as over the past 4 quarters.
The sustainability of the inventory’s quick value motion primarily based on the…