Torm PLC expected to post earnings of $2.38 a share - Earnings Preview

Torm

07/11/2022 12:36

* Torm PLC  TRMDa.CO   is expected to show a rise in
quarterly
revenue when it reports  results on November 9. 
    * The London United Kingdom-based   company is expected to
report 
a 197.6% increase in revenue to $462.7 million from $155.5
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
earnings
of $2.38 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
$27.96​, below​ its last closing price of $29.90. ​​​

This summary was machine generated November 7 at 12:36 GMT.  All
figures in US dollars  unless otherwise stated