SFL Corporation Ltd reports results for the quarter ended in June - Earnings Summary

SFL

17/08/2022 12:26

* SFL Corporation Ltd  SFL.N  reported quarterly adjusted
earnings
of 45 cents​​ per share for the quarter ended in June. The mean
expectation of five analysts for the quarter was for earnings of
29 cents per share.
    * Revenue rose 31.3% to $153.30 million from a year ago;
analysts
expected $149.65 million. 
    * SFL Corporation Ltd's reported EPS for the quarter was 45
cents​.
    * The mean earnings estimate of analysts had fallen by
about 0.4%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * SFL Corporation Ltd shares had risen by 11.3% this
quarter and
gained 29.6% so far this year.
    * The company reported quarterly net income of $57.41
million.
    * Wall Street's median 12-month price target for SFL
Corporation
Ltd is $12.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data August 17
at 11:26 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.29           0.45           Beat
 Mar. 31 2022      0.24           0.37           Beat
 Dec. 31 2021      0.30           0.63           Beat
 Sep. 30 2021      0.24           0.26           Beat