Frontline (FRO) Misses Q4 EPS by 11c, Revenue Beats
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FRO – Fourth Quarter and Full Year 2022 Results
February 28, 2023 1:29 AM ESTFRONTLINE PLC REPORTS RESULTS FOR THE FOURTH QUARTER ENDED DECEMBERÂ 31, 2022
Frontline plc (the Company or Frontline), today reported unaudited results for the three and twelve months ended December 31, 2022:
Highlights
Highest quarterly net income since the second quarter of 2008 of $240.0 million, or $1.08 per basic and diluted share for the fourth quarter of 2022.Adjusted net income of $215.5 million, or $0.97 per basic and diluted share for the fourth quarter of 2022.Declared a cash dividend of $0.30 per share for the third quarter of 2022 and a cash dividend of $0.77 per... More