On Thursday 29th August 2024, Nordic American Tankers (NYSE: NAT) will be releasing its second quarter financial results. This much awaited announcement will be made before market open.
the establishment is projected to announce an estimated per share $0.08 profit for the quarter, as predicted by financial analysts on Wall Street. Moreover, the company is expected to disclose a total revenue of $61.06 million for this period.
Analysts on Wall Street have shared their predictions regarding the annual performance of the company, estimating a total revenue of $281.47 million. Additionally, they are expecting the company to achieve per share profit of $0.48 for the fiscal year.
The company's earnings report for the corresponding quarter of the previous year showcased a per-share income of $0.13. This figure was a result of the company's total revenue, which reached an impressive $67.8 million during that specific period.
Nordic American Tankers (NYSE: NAT) demonstrated a terrible 0.27 percent severe decline during the regular trading session on Monday 26th August 2024, traded at $3.64 around 12:55 PM. A trading volume of 720.30 thousand shares were exchanged. The stock was has traded in a range of $3.61 to $3.67 so far. It had concluded prior day trading at $3.65.
