According to Zacks, “Pyxis Tankers Inc. provides marine transportation. The Company offers transporting refined petroleum products such as naphtha, gasoline, jet fuel, kerosene, diesel, fuel oil as well as other liquid bulk items, including organic chemicals. Pyxis Tankers Inc. is based in Maroussi, Greece. “
Separately, Noble Financial reaffirmed a buy rating and issued a $2.00 target price on shares of Pyxis Tankers in a report on Tuesday, August 13th.
Pyxis Tankers (NASDAQ:PXS) last announced its earnings results on Monday, August 12th. The transportation company reported ($0.08) EPS for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.01). The business had revenue of $6.46 million during the quarter, compared to analyst estimates of $8.69 million. Pyxis Tankers had a negative net margin of 40.96% and a negative return on equity of 27.52%. On average, equities research analysts predict that Pyxis Tankers will post -0.27 earnings per share for the current year.
Pyxis Tankers Company Profile
Pyxis Tankers Inc operates as a maritime transportation company with a focus on the tanker sector in the United States. Its fleet transports refined petroleum products, such as naphtha, gasoline, jet fuel, kerosene, diesel, and fuel oil, as well as other liquid bulk items, including vegetable oils and organic chemicals.
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