CMB.TECH NV reports results for the quarter ended March 31 - Earnings Summary

• CMB.TECH NV CMBT reported a quarterly adjusted loss of 1 cent​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of $2.46. The mean expectation of three analysts for the quarter was for earnings of 2 cents per share.

• Revenue fell 2.2% to $235.04 million from a year ago; analysts expected $255.50 million.

• CMB.TECH NV's reported EPS for the quarter was 21 cents​.

• The company reported quarterly net income of $44 million.

• CMB.TECH NV shares had risen by 2.0% this quarter and lost 6.7% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 93% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the oil & gas transportation services peer group is also "buy"

• Wall Street's median 12-month price target for CMB.TECH NV is $15.00

This summary was machine generated from LSEG data May 21 at 07:31 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)