Torm PLC reports results for the quarter ended in June - Earnings Summary

Torm

10/08/2021 09:02

* Torm PLC  TRMDa.CO  reported quarterly adjusted earnings of 3
cents​​ per share for the quarter ended in June. The lone
analyst forecast for the quarter was for a loss of 7 cents per
share.
* Revenue fell 35.1% to $150.80 million from a year ago; 
analysts expected $127.00 million. 
* Torm PLC's reported EPS for the quarter was 3 cents​.
* The mean earnings estimate of analysts had risen by
about 70.8% in the last three months.​ 
* In the last 30 days one analyst negatively revised an earnings
estimate 
* Torm PLC shares had fallen by 3.6% this quarter and
gained 20.4% so far this year.
* The company reported quarterly net income of $2.1 million.
* Wall Street's median 12-month price target for Torm PLC is
$13.00 
* 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." 
This summary was machine generated August 10 at 08:02 a.m.  ​All
figures in US dollars unless otherwise stated