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Tsakos Energy Q3 Earnings and Decreasing Revenue from Investing.com

Investing.com – Tsakos Energy Company’s third quarter report ignores analyst forecasts. with lower-than-expected income According to information released Wednesday

Tsakos Energy’s earnings per share (EPS) were $ 1.31 on revenues of $ 162.74 million. Investing.com previously saw $ 1.53 per share on an earnings basis of $ 163.52 million.

Shares of Tsakos Energy fell 3.65% to $ 17,930 during the day following the news of the earnings report.

In addition to Tsakos Energy, there are other companies. in the energy group of the New York Stock Exchange. which reported earnings during this month

Previously, Adaro Energy ADR had posted second-quarter earnings of $ 1.31 per share on revenue of $ 2.32 billion, compared with expectations of $ 0.8644 and revenue of $ 2.32 billion.

Meanwhile, Archaea Energy’s latest report missed analysts’ forecasts. It reported second-quarter earnings of $ -0.18 per share and revenue of $ 77.22 million, compared to analysts’ estimates. Investing.com Earnings per share are expected to be approximately $ 0.1287 on a $ 80 million basis.

Stay up to date with the latest developments on corporate profits through earnings calendar by Investing.com

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