Frontline (FRO) Misses Q2 EPS by 2c, Revenue Beat
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FRO – Second Quarter and Six Months 2022 Results
August 25, 2022 1:29 AM EDTFRONTLINE LTD. REPORTS RESULTS FOR THE SECOND QUARTER ENDED JUNEÂ 30, 2022
Frontline Ltd. (the Company or Frontline), today reported unaudited results for the three and six months ended June 30, 2022:
Highlights
Net income of $47.1 million, or $0.23 per basic and diluted share for the second quarter of 2022.Adjusted net income of $42.5 million, or $0.21 per basic and diluted share for the second quarter of 2022.Declared a cash dividend of $0.15 per share for the second quarter of 2022.Reported total operating revenues of $300.4 million for the second quarter of... More