Teekay Tankers Earnings: Your Sneak Peek to the Big Announcement

Teekay Tankers (NYSE:TNK) will report earnings before markets open on Thursday, May 9th. Teekay Tankers Ltd. owns and operates a fleet of crude oil tankers, primarily in the aframax sector.

Here is your Cheat Sheet to Teekay Tankers Earnings:

Earnings Expectations: Analysts expect earnings of $-0.03 per share on revenues of $42.93 million.

Analyst Trends:

Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a loss of $0.06 to a loss $0.02. For the current year, the average estimate is a loss of $0.07, which is better than the estimate ninety days ago.

Earnings Trends:

Here’s how Teekay Tankers has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 163.33 264.31 240.35 215.07 197.43
Diluted EPS ($) 2.03 1.28 0.37 -0.15 -4.54

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 48.34 31.88 51.04 46.08 45.49
Diluted EPS ($) -0.0075 0.06 0.01 -0.12 -4.261

Past Performance:
Teekay Tankers has beat analyst estimates 1 time in the past four quarters. This is not consistent enough to get bullish yet.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)