Euronav (CMBT) Expected to Announce Earnings on Thursday

Euronav (NYSE:CMBT) is expected to be releasing its earnings data 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 released its quarterly earnings results on Thursday, November 7th. The company reported $0.19 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.19. The company had revenue of $221.84 million for the quarter, compared to analysts’ expectations of $207.44 million. Euronav had a return on equity of 22.29% and a net margin of 117.02%. During the same quarter in the previous year, the company posted $0.46 earnings per share.

Euronav Price Performance

Shares of CMBT opened at $10.82 on Tuesday. The firm has a market capitalization of $2.10 billion, a price-to-earnings ratio of 1.82 and a beta of -0.12. The company has a debt-to-equity ratio of 1.91, a quick ratio of 1.22 and a current ratio of 1.29. Euronav has a one year low of $8.59 and a one year high of $21.26. The stock’s fifty day moving average is $10.50 and its 200-day moving average is $13.88.

Euronav Company Profile

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.