Nordic American Tankers
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Nordic American Tankers's revenues will expand 95.5% and EPS will remain in the red.
The average estimate for revenue is $22.0 million. On the bottom line, the average EPS estimate is -$0.32.
Revenue details
Last quarter, Nordic American Tankers reported revenue of $28.5 million. GAAP reported sales were 20% higher than the prior-year quarter's $23.8 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS details
Last quarter, EPS came in at -$0.15. GAAP EPS were -$0.15 for Q2 against -$0.21 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
Recent performance
For the preceding quarter, gross margin was 45.1%, 10 basis points better than the prior-year quarter. Operating margin was -25.2%, 1,500 basis points better than the prior-year quarter. Net margin was -27.8%, 1,420 basis points better than the prior-year quarter.
Looking ahead
The full year's average estimate for revenue is $102.0 million. The average EPS estimate is -$1.01.
Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 905 members out of 954 rating the stock outperform, and 49 members rating it underperform. Among 171 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 158 give Nordic American Tankers a green thumbs-up, and 13 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Nordic American Tankers is underperform, with an average price target of $15.25.
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