Benzinga | Aug 17, 2020 07:19AM EDT

Nordic American Tankers Earlier Reported Q2 EPS $0.33 Beats $0.28 Estimate, Sales $93.77M Miss $94.35M Estimate

Nordic American Tankers (NYSE:NAT) reported quarterly earnings of $0.33 per share which beat the analyst consensus estimate of $0.28 by 17.86 percent. This is a 400 percent increase over losses of $(0.11) per share from the same period last year. The company reported quarterly sales of $93.77 million which missed the analyst consensus estimate of $94.35 million by 0.61 percent. This is a 205.91 percent increase over sales of $30.65 million the same period last year.