Teekay (TK) Projected to Post Quarterly Earnings on Thursday

by · The Markets Daily

Teekay (NYSE:TK – Get Free Report) is projected to issue its Q3 2026 results after the market closes on Thursday, October 29th. Analysts expect the company to announce earnings of $0.09 per share and revenue of $688.05 million for the quarter. Interested persons may visit the company’s upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Thursday, November 5, 2026 at 10:00 AM ET.

Teekay (NYSE:TK – Get Free Report) last issued its quarterly earnings results on Friday, July 31st. The shipping company reported $0.79 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.11 by $0.68. During the same quarter in the prior year, the business posted $0.22 earnings per share.

Teekay Price Performance

Shares of Teekay stock opened at $14.56 on Wednesday. The business has a 50-day moving average price of $14.02 and a 200 day moving average price of $12.28. Teekay has a fifty-two week low of $8.67 and a fifty-two week high of $15.90.

Analysts Set New Price Targets

TK has been the topic of several research reports. Weiss Ratings raised Teekay from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, October 12th. Wall Street Zen upgraded Teekay from a “hold” rating to a “buy” rating in a research note on Saturday, August 22nd. One research analyst has rated the stock with a Buy rating. Based on data from MarketBeat, the company has a consensus rating of “Buy”.

Read Our Latest Analysis on TK

Insider Activity

In other Teekay news, Director Heidi Simon sold 11,585 shares of the business’s stock in a transaction dated Thursday, September 10th. The shares were sold at an average price of $14.08, for a total transaction of $163,116.80. Following the completion of the transaction, the director directly owned 46,001 shares of the company’s stock, valued at $647,694.08. The trade was a 20.12% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Rudolph Krediet sold 41,457 shares of Teekay stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $11.45, for a total value of $474,682.65. Following the sale, the director directly owned 35,167 shares in the company, valued at approximately $402,662.15. This trade represents a 54.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 190,257 shares of company stock worth $2,593,468 in the last 90 days. 2.38% of the stock is currently owned by insiders.

About Teekay

(Get Free Report)

Teekay Corporation (NYSE: TK) is a marine transportation and logistics company focused on the energy industry. Through its interests in affiliated companies, Teekay has been involved in the ownership, operation and management of tankers and other vessels that transport crude oil, refined petroleum products and other energy-related cargoes.

The company’s principal operating exposure is through Teekay Tankers Ltd., which provides seaborne transportation services for crude oil and refined petroleum products.

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