Torm PLC expected to post earnings of $2.39 a share - Earnings Preview

Torm

14/03/2023 14:16

* Torm PLC  TRMDa.CO   is expected to show a rise in
quarterly
revenue when it reports  results on March 16. 
    * The London United Kingdom-based   company is expected to
report 
a 64.4% increase in revenue to $310.8 million from $189.1
million a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Torm PLC is for
earnings
of $2.39 per share. 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 3 "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
$34.46​, above​ its last closing price of $32.30. ​​​

This summary was machine generated March 14 at 14:16 GMT.  All
figures in US dollars  unless otherwise stated