FRO News and Press, Frontline Ltd. From 05/27/22

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Shares of Frontline Ltd. (NYSE:FRO) traded today at $10.99, eclipsing its 52-week high. Approximately 1.5 million shares have changed hands today, as compared to an average 30-day volume of 2.4 million shares. Frontline Ltd is a shipping company engaged in the seaborne transportation of ...

H.C. Wainwright analyst Magnus Fyhr raised the firm's price target on Frontline (FRO +6.2%) to $10 from $8 and keeps a Neutral rating on the shares post the Q1 results. For Q2 2022, the Co. estimate spot TCE on a load-to discharge basis of $22,600 contracted for 74% of vessel days for VLCCs, ...

Frontline Ltd (FRO) Q1 2022 Earnings Conference Call May 24, 2022 09:00 AM ET Company Participants Lars Barstad - Chief Executive Officer Inger Klemp - Chief Financial Officer Conference Call Participants Jon Chappell - Evercore Chris Tsung - Webber Research Chris Robertson - Jefferies Presen...

The following slide deck was published by Frontline Ltd. in conjunction with their 2022 Q1 earnings call. For further details see: Frontline Ltd. 2022 Q1 - Results - Earnings Call Presentation

Please find enclosed the presentation of Frontline Ltd.’s first quarter 2022 results to be held on the webcast / conference call 24 May, 2022 at 15:00 CET. This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act...

Frontline press release (NYSE:FRO): Q1 Non-GAAP EPS of -$0.01 in-line. Revenue of $217.44M (+12.1% Y/Y) beats by $110.66M. Reported spot TCEs for VLCCs, Suezmax tankers and LR2 tankers in the first quarter of 2022 were $15,700, $16,900 and $19,000 per day, respectively. For the second quarter...

FRONTLINE LTD. REPORTS RESULTS FOR THE FIRST QUARTER ENDED MARCH 31, 2022 Frontline Ltd. (the “Company” or “Frontline”), today reported unaudited results for the three months ended March 31, 2022: Highlights Net income of $31...

Frontline (NYSE:FRO) is scheduled to announce Q1 earnings results on Tuesday, May 24th, before market open. The consensus EPS Estimate is -$0.01 (-125.0% Y/Y) and the consensus Revenue Estimate is $106.78M (-45.0% Y/Y). Over the last 2 years, FRO has beaten EPS estimates 25% of the time and h...

SFL Corporation's results show signs that the shipping industry is recovering from the effects of the pandemic. The company managed to secure a new contract for several of its container ships which significantly increases contract backlog and revenue visibility. The company sold a...