Tsakos Energy Navigation Q3 Profit Plunges - Quick Facts

Tsakos Energy Navigation (TNP) reported that third quarter net income attributable to Tsakos Energy was $2.11 million or $0.06 per share as compared to $40.98 million or $1.08 per share for the third quarter of 2008.

On average, 9 analysts polled by Thomson Reuters expected the company to report loss of $0.02 per share. Analysts' estimates typically exclude special items.

Voyage revenues declined to $106.2 million from $158.83 million in the prior year quarter. Four analysts estimated revenues of $80.91 million.

by RTTNews Staff Writer

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