CMB.TECH (CMBT) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $0.82
- Estimate
- $0.80
- Surprise
- +2.1%
- Score at report (before → after)
- 6.6 → 6.7/10
Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.
How the report landed
CMB.TECH (CMBT) beat the $0.80 estimate with adjusted EPS of $0.82 — a modest 2.1% upside surprise. TrendMatrix's engine moved from Buy (Wait) (6.6/10) to Hold at 6.7/10 after the report.
Coverage in the report window
- Euronav Q2 EPS $1.26 Beats $1.25 Estimate, Sales $703.943M Beat $585.883M Estimate — benzinga, 2026-08-27
Where TrendMatrix's rating stands now
TrendMatrix currently rates CMBT Sell at 6.6/10.
2 of the last 4 quarters beat the estimate; this quarter's +2.1% surprise compares with a -53.4% four-quarter average. Next scheduled report: 2026-11-26.
What supports the rating
- Sector modifier (Energy): +1.2
- Attractive valuation
What argues against it
- Cyclical risk: PE expanding 1.9x (earnings normalizing)
- Analyst target reached - limited upside remaining
- Leverage penalty (D/E 1.7): -1.0
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $18.55
- Stop
- $17.25
Forward estimates sit below the trailing run-rate (12.0× forward vs 6.2× trailing) — consensus expects earnings to decline from here.
Model outputs from TrendMatrix’s engine as of 2026-10-29 — shown for context, not personalized investment advice.
CMBT at TrendMatrix's latest read
Energy results are commodity-price arithmetic first; the operational beat or miss is read net of what the strip already told the market.
- Industry
- Oil & Gas Midstream
- Market cap
- $5.36B
- P/E (fwd)
- 12.0
- P/E (ttm)
- 6.2
- 52-week range
- $9.05–$21.19
- Off 52-week high
- 12.5%
- RSI (14)
- 38
- Volume vs avg
- 0.05×
- Score today
- 6.6/10