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FRO

Frontline Ltd

$23.54

Earnings Summary

Revenue
$415Mn
Net Profits
$118.37Mn
Net Profit Margins
28.52%
PE Ratio
8.16

Highlights

Revenue:

Frontline Ltd’s revenue fell -21.72% since last year same period to $415Mn in the Q1 2024. On a quarterly growth basis, Frontline Ltd has generated 0% jump in its revenue since last 3-months.

Net Profits:

Frontline Ltd’s net profit fell -51.26% since last year same period to $118.37Mn in the Q1 2024. On a quarterly growth basis, Frontline Ltd has generated 0% jump in its net profits since last 3-months.

Net Profit Margins:

Frontline Ltd’s net profit margin fell -37.74% since last year same period to 28.52% in the Q1 2024. On a quarterly growth basis, Frontline Ltd has generated 0% jump in its net profit margins since last 3-months.

PE Ratio:

Frontline Ltd’s price-to-earnings ratio after this Q1 2024 earnings stands at 8.16.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Frontline Ltd post its latest quarter earnings

EPS Estimate Current Quarter
0.74
EPS Estimate Current Year
0.74

Highlights

EPS Estimate Current Quarter:

Frontline Ltd’s earning per share (EPS) estimates for the current quarter stand at 0.74 - a 61.57% jump from last quarter’s estimates.

EPS Estimate Current Year:

Frontline Ltd’s earning per share (EPS) estimates for the current year stand at 0.74.

Key Ratios

Key ratios of the Frontline Ltd post its Q1 2024 earnings

Earning Per Share (EPS)
0.62
Return on Assets (ROA)
0.08
Return on Equity (ROE)
0.28
Dividend Per Share (DPS)
0.37

Highlights

Earning Per Share (EPS):

Frontline Ltd’s earning per share (EPS) fell -28.74% since last year same period to 0.62 in the Q1 2024. This indicates that the Frontline Ltd has generated -28.74% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Frontline Ltd’s return on assets (ROA) stands at 0.08.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Frontline Ltd’s return on equity (ROE) stands at 0.28.

Dividend Per Share (DPS):

Frontline Ltd declared 0.37 dividend per share during the earnings announcement for Q1 2024.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-04-26
0.74
0.62
-16.58%