TORM (NASDAQ:TRMD) reported quarterly earnings of $0.58 per share which beat the analyst consensus estimate of $0.57 by 1.75 percent. This is a 71.29 percent decrease over earnings of $2.02 per share from the same period last year. The company reported quarterly sales of $315.20 million which beat the analyst consensus estimate of $208.19 million by 51.40 percent. This is a 27.99 percent decrease over sales of $437.70 million the same period last year.