NYSE$TNK

Teekay Tankers Ltd · Q1 2024 earnings

Q1 2024 earnings · · Investor relations

Briefing

TNK Q1 2024 — $221.8M revenue, 4.23 EPS

Company’s unaudited consolidated financial position, results of operations, cash flows and changes in equity for the interim periods presented. Teekay Tankers Ltd reported Q1 2024 results. Diluted EPS came in at $4.23. Headline numbers extracted from the Form 6-K press release; narrative is light because this row was processed without an LLM call.

  • Revenue: $221.8M.
  • Diluted EPS: $4.23.
  • Operating income: $139K.

Headline financials

Total Revenue

$338M

Previous: $395M-14.3%
EPS (adj)

$3.86

Previous: $5.13-24.8%
Capital Expenditures

-$570K

No prior period
Net Income

$145M

No prior period
Operating Income

$128M

No prior period
Gross Profit

$141M

No prior period

Revenue & EPS history

Teekay Tankers · Revenue · Quarterly

$338M

Q1 2024-14.3%vs Q1 2023
Beat estimate in 9 of 11 quarters(82%)
ActualEstimate

Revenue by segment

Teekay Tankers · $286M total across 2 segments · Q1 2026

  • Tankers
    $254M
  • Marine Services and Other
    $32.2M

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 Q1 2024

Historical avgQ1 2024

+1.0%

Avg return

Earnings day

+2.1%

Avg return

5 days after

+1.4%

Avg return

30 days after

52%

34 / 65 earnings

Positive

+30.7%

Q4 2019

Best reaction

-13.1%

Q1 2016

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+2.4%+1.3%-1.5%
Q4 2025+2.2%+1.8%-7.5%
Q3 2025-2.9%-1.2%-4.3%
Q2 2025-6.0%+2.6%+9.3%
Q1 2025-4.9%-1.1%-3.7%
Q4 2024-0.9%-1.4%-5.4%
Q3 2024-2.1%-4.3%-17.3%
Q2 2024-11.2%-13.5%-13.1%
Q1 2024+8.2%+9.8%+9.7%
Q4 2023-6.7%-5.8%-1.8%
Q3 2023+3.1%+1.8%-1.2%
Q2 2023+1.6%+1.9%-4.6%
Q1 2023+6.7%+4.7%-5.6%
Q4 2022+16.0%+20.9%+16.2%
Q3 2022+3.8%+5.2%+5.6%
Q2 2022+0.4%+11.3%+6.5%
Q1 2022+4.2%+21.3%+34.7%
Q4 2021+16.3%+18.0%+17.4%
Q3 2021-2.2%-3.0%-28.7%
Q2 2021-2.6%-2.4%+6.5%
Q1 2021+4.4%+7.0%+13.4%
Q4 2020-5.6%-0.9%+11.9%
Q3 2020-5.5%+0.9%+10.6%
Q2 2020-7.7%-14.5%-20.4%
Q1 2020+2.7%+5.4%-11.3%
Q4 2019+30.7%+20.9%+73.5%
Q3 2019+8.2%+13.0%+32.0%
Q2 2019-9.8%-13.8%-9.8%
Q1 2019-6.7%-8.9%-14.1%
Q4 2018+2.8%+0.0%-9.4%
Q3 2018+8.5%-3.8%-3.8%
Q2 2018+6.2%+4.2%+13.7%
Q1 2018-10.3%-14.5%-13.7%
Q4 2017+14.5%+10.9%+10.0%
Q3 2017+0.0%-1.4%+2.1%
Q2 2017+0.0%-3.5%-17.5%
Q1 2017+1.6%+8.4%-8.4%
Q4 2016-4.5%-4.9%-18.3%
Q3 2016+8.6%+10.1%+18.2%
Q2 2016+2.7%+0.0%-13.7%
Q1 2016-13.1%
Q4 2015-3.3%
Q3 2015-1.1%
Q2 2015+3.0%
Q1 2015+10.7%
Q4 2014+2.6%
Q3 2014+1.9%
Q2 2014+1.0%
Q1 2014+0.6%
Q4 2013+20.4%
Q2 2012-5.5%
Q3 2013+0.8%
Q2 2013-1.1%
Q1 2013-8.2%
Q4 2012-6.2%
Q3 2012-1.9%
Q1 2012-0.2%
Q4 2011-4.9%
Q3 2011-1.1%
Q1 2011+4.9%
Q2 2011+4.9%
Q4 2010-2.1%
Q3 2010+0.8%
Q2 2010+0.8%
Q1 2009-6.5%

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