Tsakos Energy Navigation Ltd (TEN, Financial) is set to release its Q2 2024 earnings on Sep 11, 2024. The consensus estimate for Q2 2024 revenue is $196.13 million, and the earnings are expected to come in at $1.92 per share. The full year 2024's revenue is expected to be $851.77 million and the earnings are expected to be $9.74 per share. More detailed estimate data can be found on the Estimates page.
Tsakos Energy Navigation Ltd (TEN, Financial) Estimates Trends
Over the past 90 days, revenue estimates for Tsakos Energy Navigation Ltd (TEN) for the full year 2024 have increased from $791.08 million to $851.77 million, and for 2025, they have increased from $858.26 million to $869.29 million. Earnings estimates for the full year 2024 have also risen from $9.22 per share to $9.74 per share. However, for 2025, earnings estimates have declined from $11.80 per share to $10.48 per share.
Tsakos Energy Navigation Ltd (TEN, Financial) Reported History
In the previous quarter of March 31, 2024, Tsakos Energy Navigation Ltd's (TEN) actual revenue was $201.59 million, which missed analysts' revenue expectations of $212 million by -4.91%. Tsakos Energy Navigation Ltd's (TEN) actual earnings were $1.60 per share, which missed analysts' earnings expectations of $1.736 per share by -7.83%. After releasing the results, Tsakos Energy Navigation Ltd (TEN) was up by 1.27% in one day.
Tsakos Energy Navigation Ltd (TEN, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 2 analysts, the average target price for Tsakos Energy Navigation Ltd (TEN) is $35 with a high estimate of $40 and a low estimate of $30. The average target implies an upside of 50.93% from the current price of $23.19.
Based on GuruFocus estimates, the estimated GF Value for Tsakos Energy Navigation Ltd (TEN, Financial) in one year is $16.59, suggesting a downside of -28.46% from the current price of $23.19.
Based on the consensus recommendation from 2 brokerage firms, Tsakos Energy Navigation Ltd's (TEN, Financial) average brokerage recommendation is currently 1.0, indicating a "Buy" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
