Tsakos Energy Navigation Limited reported earnings results for the third quarter and nine months ended September 30, 2023.
For the third quarter, the company reported net income was USD 31.23 million compared to USD 51.35 million a year ago. Basic earnings per share from continuing operations was USD 0.83 compared to USD 1.48 a year ago. Diluted earnings per share from continuing operations was USD 0.83 compared to USD 1.48 a year ago.
For the nine months, net income was USD 268.42 million compared to USD 103.1 million a year ago. Basic earnings per share from continuing operations was USD 8.19 compared to USD 2.77 a year ago. Diluted earnings per share from continuing operations was USD 8.19 compared to USD 2.77 a year ago.