Earnings Forecast Research on Frontline Ltd. (FRO)

Frontline Ltd. has received $0.08 as the consensus Earnings Estimate for the Quarter ending on Dec 2016 ,According to the estimate provided by 3 Financial Advisor in the Stock Trading Firms. Among 3 Analysts, Bottom line EPS Estimate for the current quarter is $0.06 while the top line estimate is $0.11 , a key information to consider for Day Trading and investing in stocks.

Frontline Ltd. reported better than expected with a surprise EPS of 10% or $0.01 during its most recent quarterly earnings. The Actual EPS was $0.11 compared to the Estimated EPS of $0.1. Hamilton based Frontline Ltd. Last reported the Quarter results on Dec 31, 2016 and the Next earnings date is scheduled to be released on Mar 28, 2017.

In the last quarter, Frontline Ltd. reported Annual Earnings of $0.11. Based on the filings, last years Annual Earnings was, $2.19. In the last Quarter, FRO reported a surprise Earnings per Share of 10% . The consensus estimate for current quarter is $0.08 and for the current fiscal year, the estimate is $1.04. For the Next fiscal year, the estimate is $0.24 based on the consensus.

Frontline Ltd. (NYSE:FRO) stock ended Tuesday session in the red zone in a volatile trading. The stock closed down 0.12 points or 1.7% at $6.94 with 2,051,329 shares getting traded. Post opening the session at $7.03, the shares hit an intraday low of $6.89 and an intraday high of $7.06 and the price was in this range throughout the day. The company has a market cap of $1,178 million and the number of outstanding shares has been calculated to be 169,809,320 shares. The 52-week high of Frontline Ltd. (NYSE:FRO) is $10.8 and the 52-week low is $6.8.

FRONTLINE LTDs business strategy is primarily based upon the following principles: emphasising operational safety and quality maintenance for all of its vessels; complying with all current and proposed environmental regulations; outsourcing technical operations and crewing; achieving low operational costs of vessels; achieving high utilisation of its vessels; competitive financing arrangements; and develop relationship to main charterers.


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