Teekay Tankers (TNK) Expected to Release Earnings on Wednesday

Teekay Tankers (NYSE:TNK) is expected to post its Q3 2026 results after the market closes on Wednesday, November 4th. Analysts expect Teekay Tankers to post earnings of $4.63 per share and revenue of $269.99 million for the quarter. Investors can find conference call details on the company’s upcoming Q3 2026 earnings report for the latest details on the call scheduled for Thursday, November 12, 2026 at 11:00 AM ET.

Teekay Tankers (NYSE:TNK) last announced its earnings results on Wednesday, July 29th. The shipping company reported $5.56 earnings per share (EPS) for the quarter, missing the consensus estimate of $5.61 by ($0.05). The firm had revenue of $258.26 million during the quarter, compared to analysts’ expectations of $299.03 million. The business’s quarterly revenue was up 32.6% on a year-over-year basis. During the same period in the prior year, the company earned $1.41 earnings per share. On average, analysts expect Teekay Tankers to post $15.40 EPS for the current fiscal year and $7.45 EPS for the next fiscal year.

Teekay Tankers Stock Performance

TNK opened at $98.22 on Wednesday. Teekay Tankers has a 52 week low of $50.94 and a 52 week high of $110.65. The business has a 50 day moving average of $96.55 and a 200-day moving average of $78.41.

Insider Buying and Selling at Teekay Tankers

In other news, Director Heidi Locke Simon sold 741 shares of the stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $90.00, for a total transaction of $66,690.00. Following the sale, the director owned 4,000 shares in the company, valued at $360,000. This represents a 15.63% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director David Schellenberg sold 7,344 shares of the business’s stock in a transaction that occurred on Wednesday, September 16th. The stock was sold at an average price of $100.00, for a total transaction of $734,400.00. Following the completion of the transaction, the director owned 7,344 shares of the company’s stock, valued at approximately $734,400. The trade was a 50.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 14,561 shares of company stock worth $1,380,350. 1.90% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several brokerages have commented on TNK. Wall Street Zen lowered Teekay Tankers from a “strong-buy” rating to a “buy” rating in a research report on Sunday, August 2nd. Zacks Research downgraded shares of Teekay Tankers from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 20th. Evercore reiterated an “outperform” rating and issued a $116.00 price target on shares of Teekay Tankers in a research note on Tuesday. Finally, Weiss Ratings raised shares of Teekay Tankers from a “buy (b-)” rating to a “buy (b)” rating in a research report on Thursday, October 8th. Three investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $87.00.

Teekay Tankers Company Profile

Teekay Tankers Ltd. (NYSE: TNK) is a marine transportation company that owns and operates crude oil and refined petroleum product tankers. Its fleet serves energy companies, commodity traders, government entities and other customers that require the ocean transportation of liquid hydrocarbons.

The company’s activities include vessel ownership, commercial management and technical operation of tankers. Teekay Tankers operates vessels under a combination of spot-market and time-charter arrangements, providing transportation services for crude oil, fuel oil, gasoline, jet fuel and other refined petroleum products.