NYSE$TEN

Tsakos Energy Navigation Limited · Q4 2023 earnings

Q4 2023 earnings · · Investor relations

Briefing

TEN Q4 2023 — €750.0M revenue, 9.04 EPS

Annual Report on Form 20-F represent our estimates and assumptions only as of the date of this Annual Report on Form 20-F and are not intended to give any assurance as to future results. Tsakos Energy Navigation Limited reported Q4 2023 results. Diluted EPS came in at 9.04. Headline numbers extracted from the Form 20-F press release; narrative is light because this row was processed without an LLM call.

  • Revenue: €750.0M.
  • Diluted EPS: 9.04.
  • Operating income: €391.5M.

Headline financials

Total Revenue

$220M

Previous: $270M-18.5%
EPS (adj)

$0.85

Previous: $3.17-73.2%
Net Income

$25M

Previous: $101M-75.3%
Operating Income

$83.1M

Previous: $122M-32.1%
Gross Profit

$90.6M

Previous: $130M-30.3%

Revenue & EPS history

Tsakos · Revenue · Quarterly

$220M

Q4 2023-18.5%vs Q4 2022
Beat estimate in 14 of 14 quarters(100%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q4 2023

Historical avgQ4 2023

-0.8%

Avg return

Earnings day

-1.3%

Avg return

5 days after

-1.6%

Avg return

30 days after

38%

25 / 66 earnings

Positive

+8.5%

Q1 2025

Best reaction

-18.1%

Q4 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-4.6%-10.5%-14.4%
Q4 2025+1.3%-2.9%+7.4%
Q3 2025-1.1%-3.3%-12.7%
Q2 2025-4.2%+4.1%-6.2%
Q1 2025+8.5%+9.7%+3.0%
Q4 2024+1.4%+2.6%+1.3%
Q3 2024-6.2%-8.6%-13.8%
Q2 2024+7.3%+11.1%+10.4%
Q1 2024+1.8%+3.9%+1.5%
Q4 2023-0.9%+0.9%+1.2%
Q3 2023-1.9%-3.3%+6.7%
Q2 2023+1.0%-1.9%+4.0%
Q1 2023-5.5%-4.4%-10.4%
Q4 2022-18.1%-7.1%-16.1%
Q3 2022+2.7%+10.2%+9.5%
Q2 2022-2.2%+9.3%+22.5%
Q1 2022+1.8%-15.5%-14.0%
Q4 2021+0.7%+8.7%+18.0%
Q3 2021-5.0%-8.0%-20.7%
Q2 2021+1.1%+2.3%+12.6%
Q1 2021-3.3%-0.3%-7.9%
Q4 2020+1.9%-2.4%+7.5%
Q3 2020-1.5%-3.3%+15.1%
Q2 2020-0.6%-0.6%-4.4%
Q1 2020-6.4%-9.9%-3.2%
Q4 2019-1.4%-15.8%-40.4%
Q3 2019-2.2%-5.1%-4.3%
Q2 2019+4.7%+2.2%+10.5%
Q1 2019+0.9%+2.8%-0.3%
Q4 2018-2.8%-0.3%+8.2%
Q3 2018-2.8%+1.5%+0.6%
Q2 2018+0.3%-0.6%-3.4%
Q1 2018-0.5%-1.9%-2.5%
Q4 2017+4.9%+4.3%+5.2%
Q3 2017-0.4%-0.7%-5.8%
Q2 2017-0.2%-1.8%-7.5%
Q1 2017+2.0%-2.0%-7.0%
Q4 2016+0.2%+2.4%-5.8%
Q3 2016-5.5%-12.8%-5.9%
Q2 2016-5.3%-6.6%-4.3%
Q1 2016+2.0%
Q4 2015-3.4%
Q3 2015-2.9%
Q2 2015-3.1%
Q1 2015-0.1%
Q4 2014+2.5%
Q3 2014-0.9%
Q2 2014-2.7%
Q1 2014+1.6%
Q4 2013+1.5%
Q3 2013-1.8%
Q2 2013-3.4%
Q1 2013+5.5%
Q4 2012+0.5%
Q3 2012-4.0%
Q2 2011+1.7%
Q2 2012-3.5%
Q4 2009-0.5%
Q4 2010-0.5%
Q4 2011-0.5%
Q1 2012-1.7%
Q3 2011+3.7%
Q1 2011-0.2%
Q3 2010-2.7%
Q2 2010-1.6%
Q1 2010-0.8%

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