Frontline: Q1 Earnings Snapshot

By The Associated Press

Posted May 27, 2021 05:09:35 AM.

Last Updated May 27, 2021 05:16:07 AM.

HAMILTON, Bermuda (AP) _ Frontline Ltd. (FRO) on Thursday reported first-quarter earnings of $28.9 million.

The Hamilton, Bermuda-based company said it had net income of 15 cents per share. Earnings, adjusted for non-recurring gains, were 4 cents per share.

The shipping company posted revenue of $194 million in the period. Its adjusted revenue was $107.1 million.

Frontline shares have climbed 37% since the beginning of the year. The stock has dropped slightly in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FRO at https://www.zacks.com/ap/FRO

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