Okeanis Eco Tankers Corp. (ECO) came out with quarterly earnings of $0.83 per share, beating the Zacks Consensus Estimate of $0.46 per share. This compares to earnings of $1.23 per share a year ago.
Okeanis Eco Tankers stands out for high profitability, an efficient modern fleet, and strong margins, outperforming sector averages in EBIT, net profit, and ROE. Valuation is attractive versus peers, with low P/E and EV/EBITDA, but cash flow and liquidity are weaker, and high debt poses some risk. Dividends are generous and variable, reflecting cyclical spot market earnings; investors must accept volatility and potential payout cuts in downturns.
Okeanis Eco Tankers Corp. (ECO) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Okeanis Eco Tankers Corp. (ECO) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Okeanis Eco Tankers Corp. (NYSE:ECO ) Q1 2025 Earnings Conference Call May 15, 2025 8:30 AM ET Company Participants Iraklis Sbarounis - Chief Financial Officer Aristidis Alafouzos - Chief Executive Officer Conference Call Participants Liam Burke - B. Riley Bendik Nyttingnes - Clarksons Securities Fredrik Dybwad - Fearnley Securities Petter Haugen - ABG Operator Welcome to OET's First Quarter 2025 Financial Results Presentation.
Okeanis Eco Tankers Corp. (ECO) came out with quarterly earnings of $0.36 per share, beating the Zacks Consensus Estimate of $0.24 per share. This compares to earnings of $1.23 per share a year ago.
NLY, ECO and TEF made it to the Zacks Rank #1 (Strong Buy) income stocks list on March 18, 2025.
Okeanis Eco Tankers: The Primary Beneficiary Of Trade Deals And Sanctions
Okeanis Eco Tankers Corp. (NYSE:ECO ) Q4 2024 Earnings Conference Call February 20, 2025 8:30 AM ET Company Participants Iraklis Sbarounis – Chief Financial Officer Aristidis Alafouzos – Chief Executive Officer Conference Call Participants Liam Burke – B. Riley Bendik Nyttingnes – Clarksons Securities Petter Haugen – ABG Climent Molins – Value Investor's Edge Operator Hello, and welcome to OET's Fourth Quarter 2024 Financial Results Presentation.
Okeanis Eco Tankers remains a top pick due to its superior fleet, competitive TCE rates, and attractive dividends. ECO handles day rate volatility well. The new fleet pays off. For 3Q24, ECO outperformed its peers by 14%, as measured by VLCC day rates. The company keeps adequate reserves and generates sufficient liquidity to cover its obligations.
Okeanis Eco Tankers is a compelling buy due to its young, efficient fleet, attractive valuation, and high dividend yield. Despite a decline in Q3 revenue and profits, ECO's proactive debt management and operational efficiency position it well for long-term value. ECO's P/E ratios and EV/EBIT metrics indicate undervaluation, offering a strong margin of safety for investors willing to navigate sector volatility.
Okeanis Eco Tankers Corp. (NYSE:ECO ) Q3 2024 Earnings Conference Call November 8, 2024 8:30 AM ET Company Participants Aristidis Alafouzos - CEO Iraklis Sbarounis - CFO Conference Call Participants Liam Burke - B. Riley Operator Welcome to OETs Third Quarter 2024 Financial Results presentation.