Euronav (CMBT) Set to Announce Earnings on Thursday

Euronav (NYSE:CMBT) is set to post its quarterly earnings results before the market opens on Thursday, November 7th. Analysts expect Euronav to post earnings of $0.19 per share for the quarter.

Euronav (NYSE:CMBT) last released its quarterly earnings results on Thursday, August 8th. The company reported $0.46 earnings per share for the quarter, topping the consensus estimate of $0.24 by $0.22. The business had revenue of $233.66 million for the quarter. Euronav had a net margin of 112.38% and a return on equity of 22.35%. On average, analysts expect Euronav to post $2 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Euronav Stock Performance

NYSE:CMBT traded down $0.08 on Tuesday, hitting $13.29. The stock had a trading volume of 84,674 shares, compared to its average volume of 604,022. Euronav has a 1 year low of $13.26 and a 1 year high of $21.26. The firm’s fifty day simple moving average is $15.88. The company has a current ratio of 1.37, a quick ratio of 1.32 and a debt-to-equity ratio of 1.54. The firm has a market cap of $2.68 billion, a PE ratio of 2.21 and a beta of -0.07.

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.