FRO – Third Quarter and Nine Months 2024 Results [Yahoo! Finance]
Frontline Plc Ordinary Shares (FRO)
Last frontline plc ordinary shares earnings: 2/27 01:30 am
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US:NYSE Investor Relations:
frontline.bm/page/7/investor_relations
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Source: Yahoo! Finance
Frontline plc (the “Company”, “Frontline,” “we,” “us,” or “our”), today reported unaudited results for the three and nine months ended September 30, 2024: Highlights Profit of $60.5 million, or $0.27 per share for the third quarter of 2024. Adjusted profit of $75.4 million, or $0.34 per share for the third quarter of 2024. Declared a cash dividend of $0.34 per share for the third quarter of 2024. Reported revenues of $490.3 million for the third quarter of 2024. Achieved average daily spot time charter equivalent earnings ("TCEs") for VLCCs, Suezmax tankers and LR2/Aframax tankers in the third quarter of $39,600, $39,900 and $36,000 per day, respectively. Sold its oldest Suezmax tanker, built in 2010, for a net sales price of $48.5 million and delivered the vessel to its new owner in October 2024. The transaction generated net cash proceeds of $36.5 million after repayment of existing debt. Fully repaid the shareholder loan with Hemen Holding Limited, the Company's la
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FRO
News
- Frontline plc (NYSE: FRO) had its price target lowered by analysts at Jefferies Financial Group Inc. from $26.00 to $20.00. They now have a "buy" rating on the stock.MarketBeat
- FRO – 2024 Annual General MeetingGlobeNewswire
- Frontline plc (NYSE: FRO) was downgraded by analysts at Kepler Capital Markets from a "buy" rating to a "hold" rating. They now have a $15.83 price target on the stock.MarketBeat
- Is the Options Market Predicting a Spike in Frontline (FRO) Stock? [Yahoo! Finance]Yahoo! Finance
- Frontline PLC (FRO) Q3 2024 Earnings Call Highlights: Navigating Market Challenges with Strong ... [Yahoo! Finance]Yahoo! Finance
FRO
Earnings
- 11/27/24 - Miss
FRO
Sec Filings
- 12/16/24 - Form 6-K
- 11/27/24 - Form 6-K
- 11/13/24 - Form SC
- FRO's page on the SEC website