Torm PLC expected to post earnings of $2.03 a share - Earnings Preview

Torm

15/08/2023 12:15

* Torm PLC  TRMDa.CO   is expected to show a rise in
quarterly
revenue when it reports  results on August 17. 
    * The London United Kingdom-based   company is expected to
report 
a 3.3% increase in revenue to $349.533 million from $338.5
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Torm PLC is for
earnings
of $2.03 per share. 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 2 "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
DKK250​, above​ its last closing price of $26.59. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  2.23        2.23       1.80      Missed  -19.3
 Dec. 31 2023              2.39       2.73      Beat    14.2
 Sep. 30 2022  2.40        2.38       2.63      Beat    10.7​
 Jun. 30 2022  1.08        1.08       1.31      Beat    21.3
 ​​Mar.        0.07        0.07       0.12      Beat    84.6
 31 2022                                                
 Dec. 31 2021  -0.13       -0.13      -0.10     Beat    23.1​
 Sep. 30 2021  -0.17       -0.17      -0.19     Missed  -11.8
 Jun. 30 2021  -0.07       -0.07      0.03      Beat    142.9
 This summary was machine generated August 15 at 11:15 GMT.  All
figures in US dollars  unless otherwise stated