Torm PLC expected to post earnings of 7  cents a share - Earnings Preview

Torm

09/05/2022 14:12

* Torm PLC  TRMDa.CO   is expected to show a rise in
quarterly
revenue when it reports  results on May 11. 
    * The London United Kingdom-based   company is expected to
report 
a 22.3% increase in revenue to $151.75 million from $124.1
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 7 cents per share. For the same quarter last year, the
company reported a loss of 29 cents per share.
    * The current average analyst rating on the shares is "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
$13.5​, above​ its last closing price of $10.57. ​​​

This summary was machine generated May 9 at 13:12 GMT.  All
figures in US dollars  unless otherwise stated