Euronav Future Growth

Future criteria checks 1/6

Euronav's revenue and earnings are forecast to decline at 5.2% and 37% per annum respectively. EPS is expected to decline by 35.6% per annum. Return on equity is forecast to be 21.1% in 3 years.

Key information

-37.0%

Earnings growth rate

-35.6%

EPS growth rate

Oil and Gas earnings growth	-0.1%
Revenue growth rate	-5.2%
Future return on equity	21.1%
Analyst coverage	Good
Last updated	30 Apr 2024

Recent future growth updates

Recent updates

Earnings and Revenue Growth Forecasts

ENXTBR:EURN - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	1,031	331	382	525	5
12/31/2025	1,070	343	258	499	6
12/31/2024	1,001	635	1,466	586	6
12/31/2023	1,235	858	499	837	N/A
9/30/2023	1,335	687	405	746	N/A
6/30/2023	1,280	588	291	596	N/A
3/31/2023	1,080	422	-106	503	N/A
12/31/2022	855	203	-285	256	N/A
9/30/2022	604	-104	-483	44	N/A
6/30/2022	475	-226	-552	40	N/A
3/31/2022	425	-311	-369	-120	N/A
12/31/2021	420	-339	-439	-25	N/A
9/30/2021	455	-325	-303	140	N/A
6/30/2021	567	-173	58	424	N/A
3/31/2021	928	177	367	719	N/A
12/31/2020	1,210	473	744	970	N/A
9/30/2020	1,447	686	929	1,068	N/A
6/30/2020	1,382	617	600	728	N/A
3/31/2020	1,116	318	381	487	N/A
12/31/2019	915	112	264	272	N/A
9/30/2019	813	-42	79	84	N/A
6/30/2019	799	-77	3	98	N/A
3/31/2019	734	-51	-104	74	N/A
12/31/2018	600	-110	-237	1	N/A
9/30/2018	482	-91	-248	7	N/A
6/30/2018	426	-60	-117	67	N/A
3/31/2018	447	-72	13	150	N/A
12/31/2017	513	1	33	211	N/A
9/30/2017	542	32	N/A	247	N/A
6/30/2017	570	60	N/A	281	N/A
3/31/2017	634	125	N/A	323	N/A
12/31/2016	684	204	N/A	438	N/A
9/30/2016	764	259	N/A	499	N/A
6/30/2016	834	331	N/A	557	N/A
3/31/2016	857	383	N/A	562	N/A
12/31/2015	847	350	N/A	451	N/A
9/30/2015	766	242	N/A	369	N/A
6/30/2015	689	149	N/A	197	N/A
3/31/2015	572	34	N/A	85	N/A
12/31/2014	474	-46	N/A	15	N/A
9/30/2014	409	-65	N/A	-16	N/A
6/30/2014	352	-72	N/A	31	N/A
3/31/2014	429	-78	N/A	N/A	N/A
12/31/2013	305	-90	N/A	-9	N/A
9/30/2013	220	-130	N/A	N/A	N/A
6/30/2013	243	-138	N/A	-27	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: EURN's earnings are forecast to decline over the next 3 years (-37% per year).

Earnings vs Market: EURN's earnings are forecast to decline over the next 3 years (-37% per year).

High Growth Earnings: EURN's earnings are forecast to decline over the next 3 years.

Revenue vs Market: EURN's revenue is expected to decline over the next 3 years (-5.2% per year).

High Growth Revenue: EURN's revenue is forecast to decline over the next 3 years (-5.2% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: EURN's Return on Equity is forecast to be high in 3 years time (21.1%)

Euronav Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Consensus revenue estimates increase by 12%

Consensus EPS estimates fall by 28%, revenue upgraded

Consensus revenue estimates decrease by 16%, EPS upgraded

Consensus EPS estimates fall by 10%

Consensus EPS estimates increase by 11%

Consensus EPS estimates increase by 38%

Recent updates

Full year 2023 earnings: EPS exceeds analyst expectations

New minor risk - Share price stability

Consensus revenue estimates increase by 12%

Investor sentiment deteriorates as stock falls 20%

Euronav NV to Report Fiscal Year 2023 Results on Apr 04, 2024

Consensus EPS estimates fall by 28%, revenue upgraded

CMB NV plans to launch a mandatory public takeover bid to acquire the remaining 42.86% stake in Euronav NV (ENXTBR:EURN) for approximately $1.7 billion.

Euronav NV (ENXTBR:EURN) completed the acquisition of CMB.TECH NV from CMB NV.

Consensus revenue estimates decrease by 16%, EPS upgraded

Euronav NV Approves Resignation of Patrick De Brabandere as Members of the Supervisory Board

New minor risk - Earnings quality

Euronav Nv Not Distribute Dividend for the Fourth Quarter of 2023

Euronav Nv Not Distribute Dividend for the Fourth Quarter of 2023

Full year 2023 earnings released: EPS: US$4.27 (vs US$1.01 in FY 2022)

Euronav NV, Annual General Meeting, May 16, 2024

Euronav NV to Report Q4, 2023 Results on Feb 02, 2024

Upcoming dividend of US$0.40 per share at 18% yield

Euronav NV Announces Dividend for the Third Quarter of 2023, Payable on December 20, 2023

CMB NV completed the acquisition of additional 26.124% stake in Euronav NV (ENXTBR:EURN) from Famatown Finance Limited and Frontline plc (NYSE:FRO).

CMB NV completed the acquisition of additional 26.124% stake in Euronav NV (ENXTBR:EURN) from Famatown Finance Limited and Frontline plc (NYSE:FRO).

Third quarter 2023 earnings released: EPS: US$0.57 (vs US$0.082 in 3Q 2022)

Consensus EPS estimates fall by 10%

Euronav's Shareholder CMB Offers to Acquire Frontline’s 26.12% Stake

Investor sentiment deteriorates as stock falls 17%

Upcoming dividend of US$0.56 per share at 18% yield

New minor risk - Earnings quality

Consensus EPS estimates increase by 11%

Euronav NV Proposes Dividend, Payable on September 19, 2023

Second quarter 2023 earnings released: EPS: US$0.80 (vs US$0.024 loss in 2Q 2022)

Board Member recently bought €60m worth of stock

Upcoming dividend of US$0.49 per share at 5.3% yield

Upcoming dividend of US$1.08 per share at 0.8% yield

Euronav NV Announces Chief Executive Officer Changes

Euronav NV Approves Dividend, Payable on 13 June 2023

First quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Consensus EPS estimates increase by 38%

CMB NV Posts Transcript for Shareholders of Euronav NV

Frontline plc Announces Emergency Arbitration Claims Filed by Euronav Have Been Fully Dismissed by the Emergency Arbitrator

Euronav Nv Announces Board Changes

Euronav NV Announces Dividend, Payable on 2 March 2023

CMB NV Provides Information to the Shareholders

Frontline plc (NYSE:FRO) cancelled the acquisition of a 81.2% % stake in Euronav NV (ENXTBR : EURN) from CMB NV, C.K. LIMITED and others.

Compagnie Maritime Delivers a Letter to Euronav NV

Euronav NV to Report Q3, 2023 Results on Oct 26, 2023

Insider recently sold €38m worth of stock

Upcoming dividend of US$0.03 per share

Euronav NV Declares Dividend for the Third Quarter of 2022, Payable on November 29, 2022

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Upcoming dividend of €0.021 per share

Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Euronav NV Announces Changes to Its Board

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

Insider recently bought €25m worth of stock

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

Frontline Ltd. (NYSE:FRO) signed a term sheet to acquire Euronav NV (ENXTBR:EURN) from CMB NV, C.K. LIMITED and others for €2.5 billion.

Frontline Ltd. (NYSE:FRO) signed a term sheet to acquire Euronav NV (ENXTBR:EURN) for €2.5 billion.

Euronav NV to Report Q4, 2022 Results on Feb 02, 2023

Consensus EPS estimates fall by 61%

Euronav NV Proposes Distribution for the Fourth Quarter of 2021

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

Consensus revenue estimates fall by 25%

Here's Why Euronav (EBR:EURN) Can Afford Some Debt

Upcoming dividend of €0.021 per share

Euronav NV (EBR:EURN) Shares Could Be 28% Below Their Intrinsic Value Estimate

Third quarter 2021 earnings released: US$0.53 loss per share (vs US$0.22 profit in 3Q 2020)

Insider recently bought €146m worth of stock

Upcoming dividend of US$0.021 per share

Consensus revenue estimates fall to US$479.1m