Frontline Ltd. (NYSE:FRO) is scheduled to release its earnings data before the market opens on Wednesday, November 22nd. Analysts expect Frontline to post earnings of ($0.13) per share for the quarter.
Frontline (NYSE:FRO) last released its quarterly earnings data on Wednesday, August 30th. The shipping company reported ($0.08) EPS for the quarter, missing the consensus estimate of ($0.03) by ($0.05). Frontline had a net margin of 4.74% and a return on equity of 4.42%. The business had revenue of $89.99 million for the quarter, compared to analysts’ expectations of $86.55 million. On average, analysts expect Frontline to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Shares of Frontline Ltd. (FRO) opened at $5.81 on Monday. The company has a current ratio of 1.66, a quick ratio of 1.66 and a debt-to-equity ratio of 1.07. Frontline Ltd. has a 12-month low of $4.87 and a 12-month high of $7.83. The company has a market capitalization of $986.59, a price-to-earnings ratio of 14.17 and a beta of 1.94.
Several research firms recently commented on FRO. Credit Suisse Group reaffirmed a “neutral” rating on shares of Frontline in a research report on Tuesday, September 5th. BidaskClub downgraded Frontline from a “sell” rating to a “strong sell” rating in a report on Friday, August 18th. Zacks Investment Research downgraded Frontline from a “hold” rating to a “sell” rating in a report on Wednesday, November 1st. Finally, ValuEngine downgraded Frontline from a “buy” rating to a “hold” rating in a report on Tuesday, August 1st. Three investment analysts have rated the stock with a sell rating, two have given a hold rating and one has assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $6.00.
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Frontline Company Profile
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