CMB.TECH (CMBT) Projected to Announce Quarterly Earnings on Thursday

Key Points

• CMB.TECH is expected to report Q2 2026 earnings before the market opens on August 27. Analysts forecast earnings of $0.875 per share on revenue of approximately $574.4 million.
• The company’s previous quarterly results exceeded expectations, with EPS of $1.27 versus the $0.27 consensus and revenue of $519.6 million compared with estimates of $422.4 million.
• CMB.TECH shares recently traded at $17.85, near their 52-week high of $17.99, while analysts maintain an overall “Buy” rating and the company has declared a special $0.44-per-share dividend.

CMB.TECH (NYSE:CMBT - Get Free Report) is projected to announce its Q2 2026 results before the market opens on Thursday, August 27th. Analysts expect the company to post earnings of $0.8750 per share and revenue of $574.4370 million for the quarter. Interested persons can check the company's upcoming Q2 2026 earning results page for the latest details on the call scheduled for Thursday, August 27, 2026 at 8:00 AM ET.

CMB.TECH (NYSE:CMBT - Get Free Report) last announced its quarterly earnings data on Tuesday, May 19th. The company reported $1.27 EPS for the quarter, topping analysts' consensus estimates of $0.27 by $1.00. CMB.TECH had a net margin of 24.94% and a return on equity of 18.25%. The company had revenue of $519.63 million during the quarter, compared to the consensus estimate of $422.43 million.

CMB.TECH Stock Up 2.1%

CMBT stock opened at $17.85 on Thursday. The stock has a market capitalization of $3.56 billion, a PE ratio of 10.56 and a beta of 0.12. The company has a fifty day moving average of $15.55 and a 200-day moving average of $14.38. The company has a debt-to-equity ratio of 1.59, a quick ratio of 0.85 and a current ratio of 0.95. CMB.TECH has a one year low of $7.78 and a one year high of $17.99.

CMB.TECH Dividend Announcement

The company also recently declared a special dividend, which was paid on Wednesday, June 10th. Investors of record on Wednesday, June 3rd were issued a dividend of $0.44 per share. The ex-dividend date of this dividend was Wednesday, June 3rd. CMB.TECH's dividend payout ratio is currently 36.69%.

Hedge Funds Weigh In On CMB.TECH

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Mcguire Capital Advisors Inc. acquired a new stake in CMB.TECH in the fourth quarter valued at $26,000. Raymond James Financial Inc. acquired a new position in shares of CMB.TECH during the 2nd quarter worth $27,000. Public Employees Retirement System of Ohio purchased a new stake in shares of CMB.TECH in the 3rd quarter worth about $45,000. Sunbelt Securities Inc. purchased a new stake in shares of CMB.TECH in the 3rd quarter worth about $56,000. Finally, Legal & General Group Plc grew its stake in CMB.TECH by 221.3% in the 2nd quarter. Legal & General Group Plc now owns 6,529 shares of the company's stock valued at $59,000 after acquiring an additional 4,497 shares during the last quarter.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on CMBT shares. Wall Street Zen raised CMB.TECH from a "hold" rating to a "buy" rating in a report on Saturday, May 30th. Weiss Ratings upgraded CMB.TECH from a "hold (c)" rating to a "hold (c+)" rating in a research note on Thursday, May 28th. Finally, Berenberg Bank raised CMB.TECH to a "strong-buy" rating in a report on Wednesday, April 22nd. Two equities research analysts have rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company's stock. According to MarketBeat, CMB.TECH presently has an average rating of "Buy".

CMB.TECH Company Profile

Euronav NV, together with its subsidiaries, engages in the transportation and storage of crude oil worldwide. The company offers floating, storage, and offloading (FSO) services. It also owns and operates a fleet of vessels. The company was incorporated in 2003 and is headquartered in Antwerp, Belgium. As of March 15, 2024, Euronav NV operates as subsidiary of CMB NV.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source