Euronav (NYSE:CMBT) Issues Earnings Results, Misses Estimates By $0.15 EPS

Euronav (NYSE:CMBT - Get Free Report) announced its quarterly earnings data on Thursday. The company reported $0.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.27 by ($0.15), Zacks reports. Euronav had a net margin of 117.02% and a return on equity of 22.29%. The company had revenue of $183.47 million during the quarter, compared to analysts' expectations of $218.06 million.

Euronav Stock Down 1.1 %

Euronav stock traded down $0.10 during trading on Monday, reaching $8.81. The stock had a trading volume of 123,566 shares, compared to its average volume of 83,597. The company has a quick ratio of 1.22, a current ratio of 1.29 and a debt-to-equity ratio of 1.91. Euronav has a 52-week low of $8.59 and a 52-week high of $21.26. The stock has a market cap of $1.71 billion, a PE ratio of 1.49 and a beta of -0.12. The business has a 50 day moving average price of $10.50 and a 200 day moving average price of $12.91.

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.