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Investing.com - Tsakos Energy reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Tsakos Energy announced earnings per share of $1.31 on revenue of $162.74M. Analysts polled by Investing.com EPS of $1.53 on revenue of $163.52M.
Tsakos Energy 's are up 147.65% and is trading at $17.930 , still down 4.83% from its 52 week high of $18.84 set on Wednesday, September 14, 2022.
Tsakos Energy shares lost 3.65% to trade at $17.930 in intra-day trade the report.
Tsakos Energy follows other major Energy sector earnings this month
Tsakos Energy's report follows an earnings beat by Adaro Energy ADR on Monday, August 29, 2022, who reported EPS of $1.31 on revenue of $2.32B, EPS of $0.8644 on revenue of $2.32B.
Archaea Energy had missed expectations on Tuesday, August 16, 2022 with second quarter EPS of $-0.18 on revenue of $77.22M, for EPS of $0.1287 on revenue of $80M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar