Q3 EBITDA of USD 173m (-7% vs. ABGSCe, -10% vs. cons). Q4e guidance below expectations. Share to trade down 3-5% vs. peers.

30 Nov 2023
Miss on Q3 and soft Q4 guidance

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Miss on Q3 and soft Q4 guidance
Frontline Ltd/Bermuda (FRO:NYSE), 0 | Frontline Plc (FRO:NYS), 0 | Frontline Gold Corporation (FGC.H:TSX), 0 | Frontline Financial Services Ltd (531685:BOM), 0 | Frontline Corp. Ltd. (532042:BOM), 0 | MAXGROW INDIA LIMITED (521167:BOM), 0
- Published:
30 Nov 2023 -
Author:
ABGSC Shipping & Transport Research | Petter Haugen | Oliver Dunvold -
Pages:
8 -
Q3 EBITDA of USD 173m (-7% vs. ABGSCe, -10% vs. cons). Q4e guidance below expectations. Share to trade down 3-5% vs. peers.