FLEX LNG Ltd FLNG.OL reported quarterly adjusted earnings of 46 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 56 cents. The mean expectation of five analysts for the quarter was for earnings of 42 cents per share. Wall Street expected results to range from 36 cents to 46 cents per share.
Revenue rose 1.5% to $85.98 million from a year ago; analysts expected $83.67 million.
FLEX LNG Ltd shares had risen by 13.5% this quarter and gained 8.8% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 4.7% in the last three months.
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 6 "hold" and no "sell" or "strong sell."
This summary was machine generated from LSEG data August 20 at 06:01 a.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2025 | 0.42 | 0.46 | Beat |
Mar. 31 2025 | 0.49 | 0.54 | Beat |
Dec. 31 2024 | 0.56 | 0.57 | Beat |
Sep. 30 2024 | 0.58 | 0.53 | Missed |