TORM (TRMD) reported fiscal Q4 basic earnings Thursday of $0.77 per share, down from $2.18. a year earlier.
Analysts polled by FactSet expected $0.61.
Time charter equivalent earnings for the quarter ended Dec. 31 were $214.7 million, down from $266.4 million a year earlier. Analysts surveyed by FactSet expected $211.6 million.
The tanker company said it expects full-year 2025 TCE earnings of $650 million to $950 million. Analysts polled by FactSet expect $971.3 million.
TORM shares were up over 7% in recent premarket activity.
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