Teekay Tankers Ltd. · Oil & Gas Midstream
TNKTeekay Tankers Ltd.
No earnings date on file for this stock yet.
Lean, stance and evidence on this page are model outputs, not investment advice. Trade at your own risk. Disclaimer →
Teekay Tankers earnings preview: what the record says
Across its last 8 reports, TNK beat the EPS consensus 6 times out of 8 with a figure on file, and the stock moved an average of 1.4% on the first trading day, closing higher 2 of 8 times. That first-day move was larger than the options-implied move in 0 of 6 reports. Measured over five sessions, the average move was 2.8%.
Historically, TNK has usually stayed inside its implied move. A beat alone has not been enough: TNK closed higher after only 1 of its 6 EPS beats. NextPick tracks TNK in its Marine Shipping basket alongside FRO, MATX, INSW and STNG, whose prints read through to this one.
Figures come from NextPick's earnings-reaction ledger and the options market. Not investment advice.
TNK earnings: key questions
How much does TNK stock move after earnings?
Over its last 8 reports, TNK moved an average of 1.4% on the first trading day after earnings. The move was larger than the options-implied move in 0 of 6 reports.
Does TNK usually beat earnings estimates?
TNK beat the EPS consensus in 6 of its last 8 reports with a surprise on file and missed in 2.