New York-quoted NAT took the title of “Worst Performer” on TradeWinds Shipping Index in the hour leading up to the close as the stock slipped 6.09% to $9.40.
Earlier in the day the Herbjorn Hansson-led operator turned in net income of $1.03m for the fourth-quarter of 2014, which amounted to a profit of $0.01 per share.
According to Jonathan Chappell, an equity analyst at Evercore Partners, Wall Street’s consensus estimate stood at $0.10