Torm PLC expected to post a loss of 17 cents a share - Earnings Preview

Torm

08/11/2021 12:03

* Torm PLC  TRMDa.CO   is expected to show a fall in quarterly
revenue when it reports  results on November 10. 
* The London, United Kingdom-based company is expected to report
 a 7.0% decrease in revenue to $152.2 million from $163.7
million a year ago, according to the estimate from one analyst,
based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Torm PLC is for a loss
of 17 cents per share. For the same quarter last year, the
company reported earnings of 1 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts was unchanged in the
last three months. ​
* Wall Street's median 12-month price target for Torm PLC is
$12​, about 33.3% above​ its last closing price of $8.00. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Jun. 30 2021  -0.07       -0.07      0.03      Beat    142.9
 Mar. 31 2021  -0.21       -0.21      -0.29     Missed  -38.1
 Dec. 31 2020  -0.24       -0.24      -0.12     Beat    50​
 Sep. 30 2020  0.14        0.14       0.01      Missed  -92.9
 ​​Jun.                    0.96                         
 30 2020                                                
                                                        ​
 Dec. 31 2019  0.38        0.38       1.98      Beat    421.1
 Sep. 30 2019  0.01        0.01       -0.12     Missed  -1,300
 This summary was machine generated November 8 at 12:03 GMT.  All
figures in US dollars unless otherwise stated