Flex LNG (NYSE: FLNG) shares tumbled 8.37% in pre-market trading on Wednesday following the release of its third-quarter 2025 earnings report. The liquefied natural gas (LNG) shipping company's financial results fell short of analyst expectations, signaling potential concerns for investors.

The company reported quarterly earnings of $0.43 per share, missing the analyst consensus estimate of $0.46 by 6.52%. This represents an 18.87% decrease compared to earnings of $0.53 per share from the same period last year. Flex LNG's quarterly sales came in at $85.680 million, slightly beating the analyst consensus estimate of $85.188 million by 0.58%. However, this still marks a 5.33% decrease from sales of $90.500 million in the same quarter of the previous year.

Despite the disappointing earnings, Flex LNG declared a dividend of $0.75 per share for the third quarter of 2025. The company also reported Q3 adjusted EBITDA of $61.2 million. The market's negative reaction suggests that investors may be concerned about the company's ability to maintain growth and profitability in the face of challenging market conditions in the LNG shipping sector.