FRO - First Quarter 2021 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/12/2026
- US stocks close down as oil spikes 12%, job market weakens
- U.S. nonfarm payroll employment unexpectedly falls in February
- Oracle stock falls on report of scrapped Texas data center plans
- Kuwait cuts oil output as storage fills up
- Boeing reportedly nearing 500-aircraft deal with China ahead of Trump visit
- After-hours movers: Marvell, Samsara, GAP, Cooper Cos.
- After-hours movers: Broadcom, StubHub, Cracker Barrel, Grocery Outlet, Veeva Systems and more
- After-hours movers: Moderna, CrowdStrike, Ross Stores, Box and more
- After-hours movers: MongoDB, Credo, SoFi Technologies and more
- After-hours movers: Dell, Block, CoreWeave, Autodesk, MARA and more
Frontline (FRO) Misses Q1 EPS by 28c, Revenues Beat
May 27, 2021 8:36 AM UTCFrontline (NYSE: FRO) reported Q1 EPS of $0.04, $0.28 worse than the analyst estimate of $0.32. Revenue for the quarter came in at $194 million versus the consensus estimate of $184.43 million.
Highlights
Net income of $28.9 million, or $0.15 per diluted share for the first quarter of 2021.Adjusted net income of $8.8 million, or $0.04 per diluted share for the first quarter of 2021.Reported total operating revenues of $194.0 million for the first quarter of 2021.Reported spot TCEs for VLCCs, Suezmax and LR2 tankers in the first quarter of 2021 were $19,000, $15,200 and $12,000 per day, respectively.For the second... More