Teekay Tankers Earnings Estimate

TNK Stock  USD 43.60  0.98  2.20%   
The next projected EPS of Teekay Tankers is estimated to be 2.691825 with future projections ranging from a low of 2.56 to a high of 2.8. Teekay Tankers' most recent 12-month trailing earnings per share (EPS TTM) is at 12.18. Please be aware that the consensus of earnings estimates for Teekay Tankers is based on EPS before non-recurring items and includes expenses related to employee stock options.
 
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Teekay Tankers is projected to generate 2.691825 in earnings per share on the 31st of December 2024. Teekay Tankers earnings estimates show analyst consensus about projected Teekay Tankers EPS (Earning Per Share). It derives the highest and the lowest estimates based on Teekay Tankers' historical volatility. Many public companies, such as Teekay Tankers, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm.

Teekay Tankers Revenue Breakdown by Earning Segment

By analyzing Teekay Tankers' earnings estimates, investors can diagnose different trends across Teekay Tankers' analyst sentiment over time as well as compare current estimates against different timeframes. At this time, Teekay Tankers' Gross Profit is quite stable compared to the past year. Pretax Profit Margin is expected to rise to 0.46 this year, although the value of Gross Profit Margin will most likely fall to 0.39.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Teekay Tankers. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Teekay Stock please use our How to buy in Teekay Stock guide.

Teekay Tankers Earnings Estimation Breakdown

The calculation of Teekay Tankers' earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Teekay Tankers is estimated to be 2.691825 with the future projection ranging from a low of 2.56 to a high of 2.8. Please be aware that this consensus of annual earnings estimates for Teekay Tankers is based on EPS before non-recurring items and includes expenses related to employee stock options.
Last Reported EPS
1.84
2.56
Lowest
Expected EPS
2.691825
2.80
Highest

Teekay Tankers Earnings Projection Consensus

Suppose the current estimates of Teekay Tankers' value are higher than the current market price of the Teekay Tankers stock. In this case, investors may conclude that Teekay Tankers is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Teekay Tankers' stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyLast Reported EPSEstimated EPS for 31st of December 2024Current EPS (TTM)
785.57%
1.84
2.691825
12.18

Teekay Tankers Earnings per Share Projection vs Actual

Actual Earning per Share of Teekay Tankers refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Teekay Tankers predict the company's earnings will be in the future. The higher the earnings per share of Teekay Tankers, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Teekay Tankers Estimated Months Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Teekay Tankers, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Teekay Tankers should always be considered in relation to other companies to make a more educated investment decision.

Teekay Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact Teekay Tankers' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2024-10-30
2024-09-302.011.84-0.17
2024-08-01
2024-06-303.053.110.06
2024-05-09
2024-03-313.733.860.13
2024-02-22
2023-12-313.472.91-0.5616 
2023-11-02
2023-09-302.032.240.2110 
2023-08-03
2023-06-304.424.38-0.04
2023-05-11
2023-03-314.385.130.7517 
2023-02-23
2022-12-313.334.331.030 
2022-11-03
2022-09-301.691.70.01
2022-08-04
2022-06-300.680.760.0811 
2022-05-12
2022-03-31-0.68-0.410.2739 
2022-02-24
2021-12-31-0.83-0.740.0910 
2021-11-04
2021-09-30-1.62-1.480.14
2021-08-05
2021-06-30-1.05-1.23-0.1817 
2021-05-13
2021-03-31-0.8-0.650.1518 
2021-02-25
2020-12-31-0.99-1.21-0.2222 
2020-11-12
2020-09-300.190.09-0.152 
2020-08-13
2020-06-302.562.39-0.17
2020-05-21
2020-03-312.993.270.28
2020-02-27
2019-12-312.042.470.4321 
2019-11-13
2019-09-30-0.7-0.640.06
2019-08-01
2019-06-30-0.6-0.40.233 
2019-05-23
2019-03-310.480.4-0.0816 
2019-02-21
2018-12-310.130.40.27207 
2018-11-15
2018-09-30-0.84-0.560.2833 
2018-08-02
2018-06-30-0.87-0.88-0.01
2018-05-17
2018-03-31-0.64-0.640.0
2018-02-22
2017-12-31-0.55-0.240.3156 
2017-11-09
2017-09-30-0.9-0.640.2628 
2017-08-03
2017-06-30-0.25-0.32-0.0728 
2017-05-18
2017-03-310.380.32-0.0615 
2017-02-23
2016-12-310.40.24-0.1640 
2016-11-03
2016-09-300.14-0.08-0.22157 
2016-08-04
2016-06-301.541.60.06
2016-05-19
2016-03-312.932.0-0.9331 
2016-02-18
2015-12-313.32.64-0.6620 
2015-11-05
2015-09-302.822.4-0.4214 
2015-08-06
2015-06-303.163.04-0.12
2015-05-14
2015-03-312.643.040.415 
2015-02-19
2014-12-311.211.680.4738 
2014-11-06
2014-09-300.30.24-0.0620 
2014-08-07
2014-06-30-0.19-0.4-0.21110 
2014-05-15
2014-03-310.751.60.85113 
2014-02-20
2013-12-31-0.38-0.240.1436 
2013-11-07
2013-09-30-0.62-0.40.2235 
2013-08-08
2013-06-30-0.25-0.64-0.39156 
2013-05-09
2013-03-31-0.15-0.32-0.17113 
2013-02-21
2012-12-31-0.42-0.72-0.371 
2012-11-08
2012-09-30-0.34-0.72-0.38111 
2012-08-09
2012-06-300.010.080.07700 
2012-05-17
2012-03-310.340.32-0.02
2012-02-23
2011-12-31-0.02-0.16-0.14700 
2011-11-10
2011-09-300.210.16-0.0523 
2011-08-11
2011-06-300.50.560.0612 
2011-05-12
2011-03-310.550.80.2545 
2011-02-24
2010-12-310.540.4-0.1425 
2010-11-04
2010-09-301.011.040.03
2010-08-11
2010-06-301.571.44-0.13
2010-05-13
2010-03-311.591.60.01
2010-03-04
2009-12-311.221.12-0.1
2009-11-13
2009-09-300.170.40.23135 
2009-07-23
2009-06-303.143.760.6219 
2009-05-15
2009-03-314.784.16-0.6212 
2008-12-18
2008-09-306.326.720.4
2008-08-07
2008-06-305.627.041.4225 
2008-05-14
2008-03-314.534.48-0.05
2008-02-27
2007-12-311.122.00.8878 

About Teekay Tankers Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Teekay Tankers earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Teekay Tankers estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Teekay Tankers fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.
Last ReportedProjected for Next Year
Retained Earnings198 M207.9 M
Earnings Yield 0.27  0.28 
Price Earnings Ratio 3.82  4.83 
Price Earnings To Growth Ratio 0.03  0.03 

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When determining whether Teekay Tankers is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Teekay Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Teekay Tankers Stock. Highlighted below are key reports to facilitate an investment decision about Teekay Tankers Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Teekay Tankers. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Teekay Stock please use our How to buy in Teekay Stock guide.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Teekay Tankers. If investors know Teekay will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Teekay Tankers listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.28)
Dividend Share
0.25
Earnings Share
12.18
Revenue Per Share
34.7
Quarterly Revenue Growth
(0.15)
The market value of Teekay Tankers is measured differently than its book value, which is the value of Teekay that is recorded on the company's balance sheet. Investors also form their own opinion of Teekay Tankers' value that differs from its market value or its book value, called intrinsic value, which is Teekay Tankers' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Teekay Tankers' market value can be influenced by many factors that don't directly affect Teekay Tankers' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Teekay Tankers' value and its price as these two are different measures arrived at by different means. Investors typically determine if Teekay Tankers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Teekay Tankers' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.