Euronav (CMBT) Scheduled to Post Quarterly Earnings on Thursday

Euronav (NYSE:CMBT) is scheduled to be posting 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 posted its 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. Euronav had a net margin of 112.38% and a return on equity of 22.35%. The firm had revenue of $233.66 million during the quarter. On average, analysts expect Euronav to post $2 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Euronav Trading Down 0.6 %

Shares of CMBT stock traded down $0.08 during trading on Tuesday, reaching $13.29. 84,674 shares of the company’s stock traded hands, compared to its average volume of 604,022. The stock has a 50-day moving average price of $15.88. The company has a market capitalization of $2.68 billion, a P/E ratio of 2.21 and a beta of -0.07. Euronav has a 1 year low of $13.26 and a 1 year high of $21.26. The company has a debt-to-equity ratio of 1.54, a current ratio of 1.37 and a quick ratio of 1.32.

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.