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Teekay (NYSE:TK) will announce its Q214 earnings results on Thursday, August 7th. Analysts expect the company to announce earnings of ($0.22) per share and revenue of $440.50 million for the quarter.

Teekay (NYSE:TK) last issued its quarterly earnings data on Thursday, May 15th. The company reported $0.05 earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.15) by $0.20. The company had revenue of $498.00 million for the quarter, compared to the consensus estimate of $450.20 million. On average, analysts expect Teekay to post $0.52 EPS for the current fiscal year and $1.75 EPS for the next fiscal year.

Teekay (NYSE:TK) traded up 1.18% on Wednesday, hitting $55.07. The stock had a trading volume of 166,773 shares. Teekay has a 52 week low of $37.20 and a 52 week high of $62.77. The stock’s 50-day moving average is $59.0 and its 200-day moving average is $57.09. The company’s market cap is $3.964 billion.

A number of analysts have recently weighed in on TK shares. Analysts at RBC Capital raised their price target on shares of Teekay from $72.00 to $80.00 in a research note on Wednesday. They now have an “outperform” rating on the stock. On a related note, analysts at Barclays reiterated an “overweight” rating on shares of Teekay in a research note on Tuesday. They now have a $70.00 price target on the stock, up previously from $65.00. Finally, analysts at Jefferies Group raised their price target on shares of Teekay from $59.00 to $64.00 in a research note on Monday, July 28th. They now have a “hold” rating on the stock. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $63.11.

Teekay Corporation (NYSE:TK) is a provider of international crude oil and gas marine transportation services and it also offer offshore oil production, storage and offloading services, under long-term, fixed-rate contracts.

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