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

SFL

12/05/2022 13:00

* SFL Corporation Ltd  SFL.N  reported quarterly adjusted
earnings
of 37 cents​​ per share for the quarter ended in March. The mean
expectation of six analysts for the quarter was for earnings of
24 cents per share.
    * Revenue rose 39.6% to $152.39 million from a year ago; 
analysts
expected $138.71 million. 
    * SFL Corporation Ltd's reported EPS for the quarter was 37
cents​.
    * The mean earnings estimate of analysts had risen by
about 4.9%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * SFL Corporation Ltd shares had fallen by 1.6% this
quarter and
gained 22.9% so far this year.
    * The company reported quarterly net income of $47.02
million.
    * Wall Street's median 12-month price target for SFL
Corporation
Ltd is $10.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated May 12 at 12:00 p.m.  ​All
figures in US dollars unless otherwise stated