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Tsakos Energy (TEN) Q2 Earnings and Revenues Surpass Estimates
ZACKS· 2025-09-10 15:35
Financial Performance - Tsakos Energy (TEN) reported quarterly earnings of $0.67 per share, exceeding the Zacks Consensus Estimate of $0.59 per share, but down from $1.26 per share a year ago, indicating an earnings surprise of +13.56% [1] - The company posted revenues of $161.39 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 2.88%, but down from $172.65 million year-over-year [2] - Over the last four quarters, Tsakos has surpassed consensus EPS estimates three times and topped consensus revenue estimates only once [2] Stock Performance - Tsakos shares have increased approximately 29.4% since the beginning of the year, significantly outperforming the S&P 500's gain of 10.7% [3] - The stock's immediate price movement will largely depend on management's commentary during the earnings call and future earnings expectations [3][4] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.67 on revenues of $165.86 million, and for the current fiscal year, it is $3.65 on revenues of $671.7 million [7] - The estimate revisions trend for Tsakos was unfavorable prior to the earnings release, resulting in a Zacks Rank 4 (Sell) for the stock, indicating expected underperformance in the near future [6] Industry Context - The Transportation - Shipping industry, to which Tsakos belongs, is currently ranked in the bottom 26% of over 250 Zacks industries, suggesting potential challenges ahead [8]
X @Bloomberg
Bloomberg· 2025-09-10 14:34
Embraer signed its first US customer for the newer generation of its E2 jet, with Houston-based Avelo Airlines agreeing to purchase 50 units of the aircraft https://t.co/quVAkhPYJ6 ...
Las Vegas mayor says the city is suffering from a serious drop in Canadian tourists: ‘We need you, and we miss you’
Fortune· 2025-09-10 14:32
Las Vegas Mayor Shelley Berkley issued a heartfelt plea to Canadian visitors this week, acknowledging the city’s tourism-dependent economy is suffering from a dramatic decline in international visitors, particularly from Canada, which represents the city’s largest international market.“As the mayor of Las Vegas, I’m telling everybody in Canada, please come. We love you, we need you, and we miss you,” Berkley said during a press conference this week, where she addressed the multiple challenges facing the ent ...
Copa Holdings: Take Advantage Of Mr. Market's Confusion
Seeking Alpha· 2025-09-10 14:13
I continue to rate Copa Holdings (NYSE: CPA ) as a “Strong Buy”, a rating first initiated earlier this year when the stock price was in the $90s. The stock has had a nice +30% run, trading near $120 recently. Despite this, as I arguedStriving to compound knowledge. Long-time fan of Warren and Charlie. Always invert. "To finish first, you must first finish". Investing own and family funds for +20 years. Senior finance roles at public and private corporations for most of that time.Analyst’s Disclosure:I/we ha ...
JetBlue CEO says company is better positioned to serve premium travelers
Yahoo Finance· 2025-09-10 13:35
By Doyinsola Oladipo and Allison Lampert WASHINGTON (Reuters) - JetBlue Airways CEO Joanna Geraghty said on Wednesday that 2025 has been challenging, dealing a setback to efforts to boost profitability, but that the New York-based carrier is better positioned to serve premium customers than other airlines now trying to move upmarket. Across the industry, carriers like Frontier Group and others are boosting premium offerings to try to attract a more well-heeled customer, a segment of the business where Je ...
How I Booked a Disney World Trip for Less With Amex Points
UpgradedPoints.com· 2025-09-10 13:30
There’s no way around it: a trip to Walt Disney World is expensive. Between theme park tickets, food, and hotels near the parks, costs add up fast. Still, for families like mine, watching our kids light up at Disney makes it totally worth it.The good news? You don’t have to pay for everything out of pocket. With the right credit card strategy, you can use points and miles to cover flights and hotels, cutting down your biggest expenses.Here’s how it’s done with Amex Membership Rewards points.AdvertisementEar ...
JetBlue Takes the Lead in Fort Lauderdale with More Flights to New Destinations and Increased Service
Businesswire· 2025-09-10 13:08
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--JetBlue (NASDAQ: JBLU) today announced another major expansion of its service at Fort Lauderdale-Hollywood International Airport (FLL), cementing its position as the airport's number one airline with the most departures this winter with a peak of 113 per day. Starting in November, JetBlue plans to launch new nonstop service from Fort Lauderdale to nine more destinations across the U.S., Latin America, and the Caribbean, including the intent to serve Cali,. ...
Wizz Air to cease Vienna base operations by March 2026
Reuters· 2025-09-10 12:27
Core Viewpoint - Wizz Air will cease its base operations in Vienna by March 2026 following a strategic review [1] Group 1 - The decision to close the Vienna base is part of a broader strategic review conducted by the company [1]
X @Bloomberg
Bloomberg· 2025-09-10 11:12
Two Wizz aircraft and routes will be withdrawn in October, and the remaining three jets and flights will cease operations in March https://t.co/rioJg7sZWp ...
End of an era: JetBlue officially retires its Embraer E190 aircraft from service
Seeking Alpha· 2025-09-10 10:35
JetBlue Airways (NASDAQ:JBLU) turned a page this week after the final revenue flight of its Embraer (ERJ) E190 aircraft took off from New York City and landed in Boston. The flight marked the official retirement of the aircraft ...