GOGL – First Quarter 2021 Results

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Golden Ocean Group Limited (GOGL) Tops Q1 EPS by 7c, Revenues Beat

May 20, 2021 7:38 AM EDT

Golden Ocean Group Limited (NASDAQ: GOGL) reported Q1 EPS of $0.14, $0.07 better than the analyst estimate of $0.07. Revenue for the quarter came in at $119.47 million versus the consensus estimate of $115.91 million.

Link to 1Q Earnings Presentation

Highlights

Net income of $23.6 million and earnings per share of $0.14 for the first quarter of 2021, the best first quarter result in the history of the Company, compared with net income of $25.4 million and earnings per share of $0.18 for the fourth quarter... More