Torm Plc - Class A logo

TRMD

Torm Plc - Class A

$21.41

Earnings Summary

Revenue
$209.4Mn
Net Profits
$10.4Mn
Net Profit Margins
4.97%

Highlights

Revenue:

Torm Plc - Class A’s revenue jumped 68.73% since last year same period to $209.4Mn in the Q1 2022. On a quarterly growth basis, Torm Plc - Class A has generated 10.72% jump in its revenue since last 3-months.

Net Profits:

Torm Plc - Class A’s net profit jumped 148.83% since last year same period to $10.4Mn in the Q1 2022. On a quarterly growth basis, Torm Plc - Class A has generated 227% jump in its net profits since last 3-months.

Net Profit Margins:

Torm Plc - Class A’s net profit margin jumped 128.94% since last year same period to 4.97% in the Q1 2022. On a quarterly growth basis, Torm Plc - Class A has generated 214.71% jump in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Torm Plc - Class A post its latest quarter earnings

EPS Estimate Current Quarter
0.46
EPS Estimate Current Year
0.46

Highlights

EPS Estimate Current Quarter:

Torm Plc - Class A’s earning per share (EPS) estimates for the current quarter stand at 0.46 - a 152.87% jump from last quarter’s estimates.

EPS Estimate Current Year:

Torm Plc - Class A’s earning per share (EPS) estimates for the current year stand at 0.46.

Key Ratios

Key ratios of the Torm Plc - Class A post its Q1 2022 earnings

Earning Per Share (EPS)
0.81
Return on Assets (ROA)
0
Return on Equity (ROE)
-0.04
Dividend Per Share (DPS)
0

Highlights

Earning Per Share (EPS):

Torm Plc - Class A’s earning per share (EPS) jumped 144.02% since last year same period to 0.81 in the Q1 2022. This indicates that the Torm Plc - Class A has generated 144.02% annual rate of jump 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. Torm Plc - Class A’s return on assets (ROA) stands at 0.

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. Torm Plc - Class A’s return on equity (ROE) stands at -0.04.

Dividend Per Share (DPS):

Torm Plc - Class A declared 0 dividend per share during the earnings announcement for Q1 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-03-31
0.46
0.81
76.09%

Company Information

TORM Plc engages in the ownership and operation of product tankers. The firm transports refined oil products such as gasoline, jet fuel, kerosene, naphtha and gas oil, and occasionally dirty petroleum products, such as fuel oil. The company was founded by Ditlev E. Torm and Christian Schmiegelow in 1889 and is headquartered in London, the United Kingdom.

Organisation
Torm Plc - Class A
Headquarters
London, London, GB
Industry
Transportation
CEO
Jacob Balslev Meldgaard