Frontline's Q3 Adjusted Earnings Fall, Revenue Rises

MT Newswires Live

2024/11/27

Frontline (FRO) reported Q3 adjusted earnings Wednesday of $0.34 per share, down from $0.36 a year earlier.

Two analysts polled by FactSet expected $0.40.

Revenue for the quarter ended Sept. 30 was $490.3 million, up from $377.1 million a year earlier.

Analysts surveyed by FactSet expected $309.1 million.

Frontline's shares were down 7.4% in recent Wednesday premarket activity.

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