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FRO News and Press, Frontline Ltd. From 05/31/23

Stock Information

Company Name: Frontline Ltd.
Stock Symbol: FRO
Market: NYSE
Website: frontline.bm

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FRO - Frontline beats Q1 top and bottom line estimates; initiates Q2 outlook

2023-05-31 03:56:31 ET Frontline press release ( NYSE: FRO ): Q1 Non-GAAP EPS of $0.87 beats by $0.05 . Revenue of $497.3M (+128.7% Y/Y) beats by $144.58M . Reported spot TCEs for VLCCs, Suezmax tankers and LR2/Aframax tankers in the first quarter of 2023 were ...

FRO - FRO - First Quarter 2023 Results

FRONTLINE PLC REPORTS RESULTS FOR THE FIRST QUARTER ENDED MARCH 31, 2023 Frontline plc (the “Company” or “Frontline”), today reported unaudited results for the three months ended March 31, 2023: Highlights Highest first quarter profit sinc...

FRO - FRO, LXRX and GOTU are among pre market gainers

2023-05-26 08:34:32 ET Onfolio Holdings ( ONFO ) +62% Completes Development of Generative AI Search Tool. Elevation Oncology ( ELEV ) +58% . Quhuo Limited ( QH ) +37% Sector Exceeded RMB12 Million in Sales During the Labor Day Holiday, Achieving Impre...

FRO - FRO - Invitation to Q1 2023 Results Conference Call and Webcast

Frontline plc.’s preliminary first quarter 2023 results will be released on Wednesday May 31, 2023, and a webcast and conference call will be held at 3:00 p.m. CET (9:00 a.m. U.S. Eastern Time). The results presentation will be available for download from the Investor Relations section at&...

FRO - NU, CNHI among notable consumer additions to Russell 3000; FRO, ASTR removed

2023-05-24 13:57:58 ET The Russell 3000 index will have a new look on June 26, after the market opens when 286 securities will be added and 179 securities will be deleted as part of the annual reconstitution. At 2023 Russell indexes annual reconstitution, following notable industrial ...

FRO - Frontline best-in-class but hurt by VLCC exposure, Jefferies says in downgrade

2023-05-08 11:33:34 ET Frontline ( NYSE: FRO ) -5.2% in Monday's trading as Jefferies downgraded the stock to Hold from Buy with a $17 price target, down from $22, citing the company's exposure to Very Large Crude Carriers, a vessel class expected to feel the brunt of OPEC+ prod...

FRO - Frontline: Spot Rates Pull Back

2023-04-28 19:06:20 ET Summary FRO had a huge Q4, but spot rates have been pulling back recently. A re-opening of China and Ukraine-Russia war should still be positive for tanker rates. An aging fleet and low order book bode well a few years out. Frontline ( FRO ...

FRO - FRO - Filing of Annual Report

Frontline plc (the “Company”) announces the filing of its annual report for the year ended December 31, 2022. The annual report can be downloaded from the Company’s website www.frontlineplc.cy or from the link below. Additionally, shareholders can request a hard copy of o...

FRO - Frontline Q1 2023 Earnings Preview

2023-04-27 10:57:36 ET Frontline ( NYSE: FRO ) is scheduled to announce Q1 earnings results on Friday, April 28th, before market open. The consensus EPS Estimate is $0.84 (+8500.0% Y/Y) and the consensus Revenue Estimate is $349.27M (+60.6% Y/Y). Over the last 2 years,...

FRO - The Smead International Value Fund Q1 2023 Shareholder Letter

2023-04-27 05:09:00 ET Summary We are pleased to report that the Smead International Value Fund had an absolute return of 7.07% for the quarter. The shareholders of the Smead International Value Fund have invested alongside us but aren’t adding strings to the investment dis...

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