FRO - Frontline Non-GAAP EPS of $0.21 revenue of $300.4M
- Frontline press release ( NYSE: FRO ): Q2 Non-GAAP EPS of $0.21.
- Revenue of $300.4M (+76.7% Y/Y).
- Reported spot TCEs for VLCCs, Suezmax tankers and LR2 tankers in the second quarter of 2022 were $16,400, $26,500 and $38,600 per day, respectively.
- For the third quarter of 2022, we estimate spot TCE on a load-to-discharge basis of $28,100 contracted for 73% of vessel days for VLCCs, $45,000 contracted for 73% of vessel days for Suezmax tankers and $46,200 contracted for 62% of vessel days for LR2 tankers.
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Frontline Non-GAAP EPS of $0.21, revenue of $300.4M