Frontline

Frontline will publish results for the quarter ended June 30, 2026, on August 31, 2026. On average, 11 analysts expect earnings per share of USD 2.68 (prior year USD 0.35) and 12 analysts see revenue at an average of USD 750.5 million (+56.3% versus USD 480.1 million). For the current fiscal year, 13 analysts forecast an average EPS of USD 8.15 (previously USD 1.70) and 14 analysts expect annual revenue of around USD 2.44 billion (prior year USD 1.95 billion). » Más en finanzen.net

Frontline shares climbed about 3.6% to $38.47 in the afternoon as hopes for a US‑Iran framework agreement to reopen the Strait of Hormuz fueled demand for tanker assets. A draft envisages reopening the strait within 30 days, which would expand the addressable market for Frontline’s 80 tankers. CEO Lars Barstad expressed confidence, BTIG reaffirmed its buy rating, and the stock approached its 52‑week high while other tanker owners also gained. Today was also the ex‑dividend date for a record quarterly dividend of $1.55 per share. » Más en de.investing.com

Frontline reports revenue of $714.24m for Q1 2026, beating estimates by 27.1%, while earnings per share of $1.55 missed the forecast of $2.25 by 31.1%. Net income was $559m, the most profitable quarter since 2004, but higher costs weighed on profitability. The stock fell 3.13% premarket; management emphasizes fleet modernization and cost management amid a cautious outlook. » Más en de.investing.com