Euronav (CMBT) Expected to Announce Quarterly Earnings on Thursday

Euronav (NYSE:CMBT) is anticipated to post its quarterly earnings results before the market opens on Thursday, February 6th. Analysts expect Euronav to post earnings of $0.27 per share and revenue of $218.06 million for the quarter.

Euronav (NYSE:CMBT) last announced its quarterly earnings results on Thursday, November 7th. The company reported $0.19 EPS for the quarter, meeting the consensus estimate of $0.19. Euronav had a net margin of 117.02% and a return on equity of 22.29%. The firm had revenue of $221.84 million during the quarter, compared to the consensus estimate of $207.44 million. During the same period last year, the firm earned $0.46 EPS.

Euronav Trading Up 1.3 %

Shares of NYSE CMBT opened at $10.74 on Thursday. The stock’s 50-day simple moving average is $10.57. The stock has a market capitalization of $2.09 billion, a price-to-earnings ratio of 1.81 and a beta of -0.11. Euronav has a 12 month low of $8.59 and a 12 month high of $21.26. The company has a quick ratio of 1.22, a current ratio of 1.29 and a debt-to-equity ratio of 1.91.

About Euronav

Euronav NV, together with its subsidiaries, engages in the transportation and storage of crude oil worldwide. The company offers floating, storage, and offloading (FSO) services. It also owns and operates a fleet of vessels. The company was incorporated in 2003 and is headquartered in Antwerp, Belgium.