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

Torm

10/11/2022 09:43

* Torm PLC  TRMDa.CO  reported quarterly adjusted earnings
of
$2.63​​ per share for the quarter ended in September. The mean
expectation of two analysts for the quarter was for earnings of
$2.38 per share.
    * Revenue rose 188.2% to $448.10 million from a year ago;
analysts
expected $462.70 million. 
    * Torm PLC's reported EPS for the quarter was $2.63​.
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Torm PLC shares had risen by 39.1% this quarter and
gained 254.6% so far this year.
    * The company reported quarterly net income of $217.1
million.
    * Wall Street's median 12-month price target for Torm PLC is
$27.96 
    * 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." 

This summary was machine generated from Refinitiv data November
10 at 09:43 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      2.38           2.63           Beat
 Jun. 30 2022      1.08           1.31           Beat
 Mar. 31 2022      0.07           0.12           Beat
 Dec. 31 2021      -0.13          -0.10          Beat