Teekay Tankers Ltd (TNK) Earnings

42.73 ↑0.00 (0.00%)
As of December 31, 1969, 7:00pm EST.
Last earnings report date: 0000-00-00Next earnings report date: N/A

Should You Buy TNK Before Earnings?

Based on the last three years of earnings reports, buying TNK stock within four weeks before its earnings date yielded an average return of 5.37%.

The best time to buy before earnings was 28 days before, which yielded an average return of 12.03% by the earnings date. The worst time was 1 day before, which yielded an average return of 0.83%.

Report dates analyzed: Feb 23 2022 - Oct 31 2024*

Disclaimer: Past performances is not a guarantee of future results.

Should You Buy TNK After Earnings?

Based on the last three years of earnings reports, on average, TNK has gone up 4.82% shortly after its earnings date. The price peaks 7 days after earnings and is on average 6.70% higher than its closing price on day of earnings.

Since TNK has typically gone up after earnings, you might want to consider buying the stock before.

Report dates analyzed: Nov 10 2021 - Aug 1 2024*

Disclaimer: Past performances is not a guarantee of future results.

Average Gains

The average return if you bought Teekay Tankers Ltd before its earnings report and sold at close on its earnings day.

Period28 Day Before21 Days Before14 Days Before7 Days Before1 Day BeforeDay Of
Past 4 Earnings
8.78%

5.38%

5.91%

2.13%

0.86%

0.71%
Past 8 Earnings
12.30%

6.15%

5.90%

2.55%

0.67%

0.92%
Past 12 Earnings
12.03%

6.47%

5.13%

1.45%

0.60%

0.61%

TNK Earnings History

Report Date28 Day Before21 Days Before14 Days Before7 Days Before1 Day BeforeDay Of1 Day After7 Days After14 Days After21 Days After28 Days After
2024-10-31N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
2024-08-01N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
2024-05-09N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
2024-02-2159.79
-1.10%
62.55
-5.47%
57.50
2.84%
N/AN/AN/AN/AN/AN/AN/AN/A
2023-11-0137.74
36.22%
40.49
26.97%
42.55
20.82%
47.38
8.51%
49.70
3.44%
51.41
2.82%
51.92
0.99%
52.07
1.28%
50.90
-0.99%
51.88
0.91%
49.04
-4.61%
2023-08-0239.30
9.95%
40.23
7.41%
37.65
14.77%
40.20
7.49%
43.04
0.40%
43.21
1.67%
44.08
2.01%
45.33
4.91%
43.10
-0.26%
42.31
-2.08%
41.15
-4.77%
2023-05-1040.35
-3.07%
43.45
-9.99%
39.79
-1.71%
37.36
4.68%
38.08
2.71%
39.11
2.87%
44.06
12.66%
40.23
2.86%
38.94
-0.44%
36.13
-7.62%
36.74
-6.06%
2023-02-2228.38
31.64%
32.82
13.83%
34.41
8.57%
38.61
-3.24%
37.67
-0.82%
37.36
-0.69%
42.32
13.28%
46.57
24.65%
47.33
26.69%
42.41
13.52%
45.02
20.50%
2022-11-0226.58
24.76%
28.48
16.43%
32.53
1.94%
32.20
2.98%
33.27
-0.33%
33.16
0.73%
33.16
0.00%
32.74
-1.27%
32.62
-1.63%
32.53
-1.90%
33.74
1.75%
2022-08-0315.94
42.35%
17.19
32.00%
19.68
15.30%
21.34
6.33%
22.46
1.02%
22.69
0.13%
22.67
-0.09%
24.80
9.30%
25.59
12.78%
25.23
11.19%
24.60
8.42%
2022-05-1117.10
-10.29%
16.69
-8.09%
16.69
-8.09%
16.77
-8.53%
14.92
2.82%
15.34
1.79%
15.94
3.91%
19.02
23.99%
21.05
37.22%
21.66
41.20%
20.73
35.14%

Methodology

We analyzed the past three years of TNK's earnings reports to calculate the average change in price of the stock before and after earnings.

Before Earnings

For calculating the average gains if you bought prior to earnings, we looked at the closing price of 5 different dates and compared them to the closing price of TNK on the day of the earnings report to calculate the return. The dates analyzed are:

  • 28 days prior (4 weeks)
  • 21 days prior (3 weeks)
  • 14 days prior (2 weeks)
  • 7 days prior (1 week)
  • 1 day prior

This simulates an individual purchasing TNK stock on one of those days and selling on the day of the earnings report.

After Earnings

For calculating the average gains if you bought TNK stock on the day of earnings, we looked at the closing price of TNK on the day of the earnings and then compared it to 5 dates after. The dates analyzed are:

  • 1 day after
  • 7 days after (1 week)
  • 14 days after (2 weeks)
  • 21 days after (3 weeks)
  • 28 day after (4 weeks)

This simulates an individual purchasing TNK stock on the day of the earnings report and then selling on one of the dates following.

Day of

To calculate the gains on the day of earnings, we compared the opening price of TNK to the closing price on the day of earnings - regardless if the earnings call was pre- or post-market.

Discussions

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bearish_stocks_tra

$TNK glad I didn’t chase this isn’t moving anytime soon with all of those call options here lol

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145zip

$TNK the catalyst we need !

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foreverbullish

$TNK Chill out and chill some more. It's all temporary.

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