$-0.21 EPS Expected for Frontline Ltd. (FRO)

August 13, 2018 - By Vernon Prom

Frontline Ltd. (NYSE:FRO) Logo

Analysts expect Frontline Ltd. (NYSE:FRO) to report $-0.21 EPS on August, 29.They anticipate $0.13 EPS change or 162.50 % from last quarter’s $-0.08 EPS. After having $-0.08 EPS previously, Frontline Ltd.’s analysts see 162.50 % EPS growth. The stock decreased 2.36% or $0.12 during the last trading session, reaching $4.97. About 394,616 shares traded. Frontline Ltd. (NYSE:FRO) has declined 20.93% since August 13, 2017 and is downtrending. It has underperformed by 33.50% the S&P500.

Frontline Ltd. (NYSE:FRO) Ratings Coverage

Among 2 analysts covering Frontline (NYSE:FRO), 1 have Buy rating, 1 Sell and 0 Hold. Therefore 50% are positive. Frontline had 3 analyst reports since June 4, 2018 according to SRatingsIntel. The stock has “Outperform” rating by Wells Fargo on Monday, June 18. Wells Fargo maintained Frontline Ltd. (NYSE:FRO) on Monday, June 4 with “Market Perform” rating.

Frontline Ltd., a shipping company, engages in the seaborne transportation of crude oil and oil products worldwide. The company has market cap of $843.95 million. As of December 31, 2016, the firm operated a fleet of 56 vessels, including VLCC, Suezmax, LR2/ Aframax, and MR tankers. It currently has negative earnings. It is also involved in the charter, purchase, and sale of vessels.

More news for Frontline Ltd. (NYSE:FRO) were recently published by: Globenewswire.com, which released: “FRO – Announces Launching of ATM Equity Offering” on July 24, 2018. Streetinsider.com‘s article titled: “Frontline (FRO) Launches $100M ATM Equity Offering” and published on July 24, 2018 is yet another important article.

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