Its adjusted core operating profit hit the tape at $24m, a long way from the $38m consensus.
Erik Nikolai Stavseth, an analyst at Arctic Securities, said: “Euronav Q4 does not bode well for tankers earnings season.”
Euronav
Euronav’s weak fourth quarter numbers appear to spell bad news for other listed crude tanker owners in what was never expected to be a happy earnings season for the sector.
Its adjusted core operating profit hit the tape at $24m, a long way from the $38m consensus.
Erik Nikolai Stavseth, an analyst at Arctic Securities, said: “Euronav Q4 does not bode well for tankers earnings season.”
Euronav