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Teekay Corporation (TK)
NYSE:TK
Earnings Data
Report Date
Oct 30, 2025Before Open (Confirmed)
Period Ending
2025 (Q3)Consensus EPS Forecast
―Last Year’s EPS
0.21Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The earnings call reflects a strong financial performance and successful execution of the fleet renewal strategy. The company is well-positioned to benefit from expected increases in global oil production, which could support tanker rates. However, seasonal rate softening and geopolitical uncertainties present challenges to the market outlook.Company Guidance -
Q3 2025
Strong Financial Performance
Teekay Tankers reported a GAAP net income of $62.6 million or $1.81 per share and adjusted net income of $48.7 million or $1.41 per share for the second quarter. The company generated approximately $62.8 million in free cash flow from operations, with a cash and short-term investment position of $712 million and no debt.
Fleet Renewal Strategy
Teekay Tankers is actively executing on its fleet renewal strategy, including the sale of 11 vessels for total gross proceeds of $340 million and estimated book gains of approximately $100 million. The company is also acquiring newer vessels, such as a modern Suezmax and the remaining 50% interest in the Hong Kong Spirit VLCC.
Positive Market Outlook
Global oil production is expected to increase sharply due to the unwinding of OPEC+ supply cuts and higher production from South America, which could support tanker rates. The company anticipates increased tanker ton-mile demand and potential tailwinds towards the end of the year.
Operational Leverage and Financial Flexibility
With no debt and a low free cash flow breakeven of $13,000 per day, Teekay Tankers generated $128 million in free cash flow in the first half of the year. The company is well-positioned to continue generating free cash flows and investing in fleet renewal.
TK Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
TK Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Jul 30, 2025 | $7.67 | $7.20 | -6.13% |
May 07, 2025 | $6.93 | $6.70 | -3.32% |
Feb 19, 2025 | $6.12 | $5.88 | -3.92% |
Oct 30, 2024 | $5.70 | $6.40 | +12.28% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Teekay Corporation (TK) report earnings?
Teekay Corporation (TK) is schdueled to report earning on Oct 30, 2025, Before Open (Confirmed).
What is Teekay Corporation (TK) earnings time?
Teekay Corporation (TK) earnings time is at Oct 30, 2025, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TK EPS forecast?
Currently, no data Available