Frontline (FRO) Misses Q2 EPS by 2c, Revenue Beat

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Go back to Frontline (FRO) Misses Q2 EPS by 2c, Revenue Beat

FRO – Second Quarter and Six Months 2022 Results

August 25, 2022 1:29 AM EDT

FRONTLINE LTD. REPORTS RESULTS FOR THE SECOND QUARTER ENDED JUNE 30, 2022

Frontline Ltd. (the Company or Frontline), today reported unaudited results for the three and six months ended June 30, 2022:

Highlights

Net income of $47.1 million, or $0.23 per basic and diluted share for the second quarter of 2022.Adjusted net income of $42.5 million, or $0.21 per basic and diluted share for the second quarter of 2022.Declared a cash dividend of $0.15 per share for the second quarter of 2022.Reported total operating revenues of $300.4 million for the second quarter of... More