TNP - Tsakos Energy Navigation Sails Past Revenue Estimates Despite Choppy Waters In Q4 | Benzinga
Tsakos Energy Navigation Ltd (NYSE:TNP) reported fourth-quarter FY23 Voyage revenue of $220.2 million, down from $270.3 million in the prior year quarter but above the consensus of $186.18 million.
EPS of $0.85 came below $3.17 in the prior year’s quarter and also missed the consensus of $1.72.
The company said it operated six fewer vessels compared to the same period in 2022, due to vessel sales and before the add-on of the five new vessel acquisitions. The abovementioned factors led to an adjusted EBITDA ...