Nordic American Tankers (NAT) Lags Q3 Earnings and Revenue Estimates

分组1 - Nordic American Tankers reported quarterly earnings of $0.04 per share, missing the Zacks Consensus Estimate of$0.06 per share, representing an earnings surprise of -33.33% [1] - The company posted revenues of $52.04 million for the quarter ended September 2024, missing the Zacks Consensus Estimate by 4.41$48.04 million [2] - The stock has underperformed, losing about 31.4% since the beginning of the year, while the S&P 500 gained 25.8% [3] 分组2 - The current consensus EPS estimate for the coming quarter is $0.05 on$69.79 million in revenues, and $0.28 on$250.9 million in revenues for the current fiscal year [7] - The Zacks Industry Rank for Transportation - Shipping is currently in the bottom 19% of over 250 Zacks industries, indicating potential challenges for the sector [8]