Tsakos Energy's earnings of $0.47 fell short of expectations, and profits were also lower than anticipated.

According to the Tsakos Energy (NYSE: TEN) report, the earnings per share for the first quarter were $0.400, which is $0.47 lower than analysts' expectations of $0.871. The reported earnings for this quarter stood at $154.59 million, while analyst forecasts were at $166.97 million.

Tsakos Energy's stock closed at $16.66, reflecting a decline of -1.010% over the past three months and a significant decrease of -32.870% over the last year. In the last 90 days, Tsakos Energy recorded 0 positive earnings per share while experiencing 2 negative earnings per share. Explore how Tsakos Energy's stock price has reacted to past earnings reports. According to InvestingPro, the financial health score of Tsakos Energy is rated as "Fairly Good." Check out the latest earnings reports and all financial information about Tsakos Energy here. Stay updated on all developments regarding balance sheets by visiting the Investing.com Earnings Calendar.