Flex LNG Q1 Adjusted Earnings, Revenue Fall

MT Newswires Live

2025/05/21

Flex LNG (FLNG) reported Q1 adjusted earnings Wednesday of $0.54 per diluted share, down from $0.70 a year earlier.

Three analysts polled by FactSet expected $0.50.

Vessel operating revenue for the quarter ended March 31 was $88.4 million, down from $90.2 million a year earlier.

Analysts surveyed by FactSet expected $87 million.

The company kept its quarterly dividend at $0.75 per share, payable June 20 to shareholders of record as of June 6.

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