04:14 AM EDT, 08/01/2024 (MT Newswires) -- Teekay Tankers ( TNK ) reported Q2 adjusted earnings Thursday of $3.11 per basic share, down from $4.38 a year earlier.

Analysts polled by Capital IQ expected $3.14.

Revenue for the quarter ended June 30 was $296.6 million, compared with $370.6 million a year earlier.

Four analysts surveyed by Capital IQ expected $194.8 million.

The company maintained a quarterly cash dividend of $0.25 per share of common stock, payable on Aug. 23 to shareholders of record on Aug. 12.

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