TORM plc (TRMD) Misses Q2 EPS by 5c; updates guidance

TORM plc (NASDAQ: TRMD) reported Q2 EPS of $3.25, $0.05 worse than the analyst estimate of $3.30. Revenue for the quarter came in at $662.8 million versus the consensus estimate of $506.92 million.

TORM upgrades its full-year guidance.

For the full year 2026, TCE earnings are now expected to exceed the previous guidance and are now estimated to USD 1,400-1,600m (previous guidance USD 1,150-1,450m).

EBITDA for the full year 2026 is expected to be in the range of USD 1,000-1,200m (previous guidance USD 800-1,100m) based on the current fleet size.

For earnings history and earnings-related data on TORM plc (TRMD) click here.

You May Also Be Interested In

• Burlington Stores (BURL) September 4 weekly 310, September 335, September 25 weekly 305, October 340 puts active into quarter results
• Movado Group (MOV) Tops Q2 EPS by 19c, Beats on Revenue; Offers Guidance
• Dycom Industries (DY) Tops Q2 EPS by 59c, Beats on Revenue