Teekay Tankers (TNK) Surpasses Q2 Earnings Estimates

Core Viewpoint - Teekay Tankers reported quarterly earnings of $1.41 per share, exceeding the Zacks Consensus Estimate of $1.37 per share, but down from $3.08 per share a year ago, indicating a significant decline in profitability [1][2] Financial Performance - The company posted revenues of $154.23 million for the quarter ended June 2025, missing the Zacks Consensus Estimate by 10.57% and down from $196.49 million year-over-year [2] - Over the last four quarters, Teekay Tankers has surpassed consensus EPS estimates two times and topped consensus revenue estimates just once [2] Stock Performance - Teekay Tankers shares have increased approximately 13.7% since the beginning of the year, outperforming the S&P 500's gain of 8.3% [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating expectations of underperformance in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $1.43 on revenues of $148.48 million, and for the current fiscal year, it is $5.41 on revenues of $646.53 million [7] - The trend of estimate revisions for Teekay Tankers was unfavorable prior to the earnings release, which may impact future stock movements [5][6] Industry Context - The Transportation - Shipping industry, to which Teekay Tankers belongs, is currently ranked in the top 37% of over 250 Zacks industries, suggesting a relatively strong industry performance [8]