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Teekay Tankers (NYSE:TNK) Issues Earnings Results, Beats Expectations By $0.18 EPS

Published by MarketBeat · United States 52 min ago
Image from MarketBeat Media, LLC.
Image from MarketBeat Media, LLC. · MarketBeat

Detailed summary

Teekay Tankers (NYSE:TNK - Get Free Report) issued its quarterly earnings results on Wednesday. The shipping company reported $5.04 earnings per share for the quarter, beating the consensus estimate of $4.86 by $0.18. Teekay Tankers had a return on equity of 22.11% and a net margin of 51.35%.

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