Frontline (FRO) Tops Q3 EPS by 3c

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Go back to Frontline (FRO) Tops Q3 EPS by 3c

FRO - Third Quarter and Nine Months 2018 Results

November 16, 2018 2:43 AM EST

Frontline Ltd. (the "Company" or "Frontline"), today reported unaudited results for the three and nine months ended September 30, 2018:

Highlights

Net income attributable to the Company of $2.2 million, or $0.01 per share, for the third quarter of 2018. Net loss attributable to the Company adjusted for certain non-cash items of $8.4 million, or $0.05 per share, for the third quarter of 2018. Spot TCE of $22,000 for VLCCs less than 15 years of age in the third quarter. Spot TCE of $35,000 booked for 74% of vessel days for VLCCs less than 15 years of... More