Nordic American Tankers: Q1 Earnings Insights

Benzinga2021-05-25

Shares of Nordic American Tankers (NYSE:NAT) rose 0.6% in pre-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share decreased 159.26% year over year to ($0.16), which beat the estimate of ($0.17).

Revenue of $18,811,000 declined by 78.17% year over year, which missed the estimate of $24,230,000.

Guidance

Nordic American Tankers hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

Recent Stock Performance

Company's 52-week high was at $5.40

Company's 52-week low was at $2.75

Price action over last quarter: Up 12.19%

Company Description

Nordic American Tankers Ltd owns and operates double hull crude oil tankers. It is an international tanker company that owns double-hull Suezmax tankers. It operates vessels in the spot market or on spot market-related charters pursuant to cooperative arrangements with third parties. The company's fleet consists of crude oil tankers, and all of its vessels are employed in the spot market. The company has only one type of vessel - Suezmax crude oil tankers. It operates in markets that are very competitive and based mainly on supply and demand.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

qiqi87
2021-05-25
qiqi87
Great...

Leave a comment

1

9

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2138164153?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-05-25 19:02","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2138164153","market":"us","top_or_hot":-1,"title":"Nordic American Tankers: Q1 Earnings Insights","media":"Benzinga","content":"<p>Shares of <b>Nordic American Tankers</b> (NYSE:NAT) rose 0.6% in pre-market trading after the company reported Q1 results.</p><h2>Quarterly Results</h2><p>Earnings per share decreased 159.26% year over year to ($0.16), which beat the estimate of ($0.17).</p><p>Revenue of $18,811,000 declined by 78.17% year over year, which missed the estimate of $24,230,000.</p><h2>Guidance</h2><p>Nordic American Tankers hasn't issued any earnings guidance for the time being.</p><p>Revenue guidance hasn't been issued by the company for now.</p><h2>Recent Stock Performance</h2><p>Company's 52-week high was at $5.40</p><p>Company's 52-week low was at $2.75</p><p>Price action over last quarter: Up 12.19%</p><h2>Company Description</h2><p>Nordic American Tankers Ltd owns and operates double hull crude oil tankers. It is an international tanker company that owns double-hull Suezmax tankers. It operates vessels in the spot market or on spot market-related charters pursuant to cooperative arrangements with third parties. The company's fleet consists of crude oil tankers, and all of its vessels are employed in the spot market. The company has only <a href=\"https://laohu8.com/S/AONE\">one</a> type of vessel - Suezmax crude oil tankers. It operates in markets that are very competitive and based mainly on supply and demand.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nordic American Tankers: Q1 Earnings Insights</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNordic American Tankers: Q1 Earnings Insights\n</h2>\n\n<h4 class=\"meta\">\n\n2021-05-25 19:02 北京时间&nbsp;&nbsp;&nbsp;<strong>Benzinga</strong>\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of Nordic American Tankers (NYSE:NAT) rose 0.6% in pre-market trading after the company reported Q1 results.Quarterly ResultsEarnings per share decreased 159.26% year over year to ($0.16), ...</p>\n\n<a href=\"None\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NAT","symbol_name":"Nordic American Tanker","start_time":0,"source_url":null,"article_id":"2138164153","we_media_id":"1052270027","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2138164153","pubTimestamp":1621940546,"sourceInfo":null,"weMediaInfo":{"media_name":"Benzinga","introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"summary":" \n\nShares of Nordic American Tankers (NYSE:NAT) rose 0.6% in pre-market trading after the company reported Q1 results.\n\nQuarterly Results\n\nEarnings per share decreased 159.26% year over year to ($0.16), which beat the estimate of ($0.17).","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"NAT":"Nordic American Tanker"},"translate_title":"北欧美国运通油轮：第一季度收益预测","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NAT":0.9},"content_text":"Shares of Nordic American Tankers (NYSE:NAT) rose 0.6% in pre-market trading after the company reported Q1 results.Quarterly ResultsEarnings per share decreased 159.26% year over year to ($0.16), which beat the estimate of ($0.17).Revenue of $18,811,000 declined by 78.17% year over year, which missed the estimate of $24,230,000.GuidanceNordic American Tankers hasn't issued any earnings guidance for the time being.Revenue guidance hasn't been issued by the company for now.Recent Stock PerformanceCompany's 52-week high was at $5.40Company's 52-week low was at $2.75Price action over last quarter: Up 12.19%Company DescriptionNordic American Tankers Ltd owns and operates double hull crude oil tankers. It is an international tanker company that owns double-hull Suezmax tankers. It operates vessels in the spot market or on spot market-related charters pursuant to cooperative arrangements with third parties. The company's fleet consists of crude oil tankers, and all of its vessels are employed in the spot market. The company has only one type of vessel - Suezmax crude oil tankers. It operates in markets that are very competitive and based mainly on supply and demand.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":138265780,"gmtCreate":1621944350840,"gmtModify":1704364862019,"author":{"id":"3581563483877763","authorId":"3581563483877763","authorIdStr":"3581563483877763","name":"qiqi87","avatar":"https://static.tigerbbs.com/a211bb04a8cc31008558b2b653e2ad16","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3581563483877763"},"htmlText":"Great...&nbsp;","listText":"Great...&nbsp;","text":"Great...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/138265780","repostId":2138164153,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":9,"commentSize":1,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.28.1","shortVersion":"4.28.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2138164153"}