Earnings Alerts

Frontline (FRO) Earnings: 1Q EPS Misses Estimates with 15c vs. Projected 19c, Dividend Set at 18c

  • Frontline PLC’s first-quarter earnings per share (EPS) were 15 cents, missing the estimated 19 cents.
  • The company declared a dividend of 18 cents per share.
  • Adjusted net income was reported at $40.4 million, below the expected $43.4 million.
  • Analyst recommendations include 12 buys, no holds, and 1 sell.

Frontline on Smartkarma


Analysts on Smartkarma are closely following Frontline and providing valuable insights into the company’s performance. Baptista Research, a reputable provider on the platform, has published two recent reports on Frontline.

In one report titled “Frontline Ltd: Will The Recent Adjustments in Crude Oil Trade Patterns Have A Positive Impact?”, Baptista Research discusses Frontline’s fourth quarter 2024 results conference. The report highlights the company’s financial performance, fleet status, market conditions, and potential impacts of geopolitical factors on the global oil trade. Frontline reported a profit of $66.7 million for the quarter, demonstrating a positive outlook.

Another report by Baptista Research, titled “Frontline Plc.: An Analysis Of Its Fleet Modernization & Expansion! – Major Drivers”, delves into the complexities of Frontline’s Q3 2024 financial results. Despite facing challenges from external factors, Frontline recorded a profit of $60.5 million for the quarter. Analysts note a decline in adjusted profit compared to the previous quarter, primarily attributed to decreased TCE earnings. The reports provide valuable insights for investors monitoring Frontline’s performance.


A look at Frontline Smart Scores

FactorScoreMagnitude
Value2
Dividend5
Growth3
Resilience3
Momentum4
OVERALL SMART SCORE3.4

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Frontline PLC, a company that owns a fleet of very large crude carriers and tankers for transporting oil products globally, shows a promising long-term outlook based on the Smartkarma Smart Scores. With a top score of 5 in the dividend category, Frontline indicates a strong ability to provide attractive dividend yields to its investors. Additionally, scoring a 4 in momentum suggests that the company is experiencing positive price trends and has the potential for future growth. Frontline’s scores of 3 in both growth and resilience factors indicate a moderate growth potential and a decent level of resilience in uncertain market conditions. Although scoring a 2 in value, the overall outlook remains positive considering the high scores in dividend and momentum.

Frontline PLC, a global player in the transportation of crude oil and oil products by sea, is well-positioned for future success according to the Smartkarma Smart Scores analysis. With a strong emphasis on rewarding its investors through dividends, exemplified by a score of 5 in the dividend category, Frontline highlights its commitment to providing consistent returns. Moreover, the company’s momentum score of 4 suggests a positive market sentiment and upward stock price movement. While the growth and resilience scores stand at 3, signaling moderate growth potential and a reasonable level of resilience, Frontline’s overall outlook remains optimistic, emphasizing long-term stability and income generation for investors.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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