Cool Company Ltd CLCO.OL reported quarterly adjusted earnings of 15 cents per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 72 cents. The mean expectation of two analysts for the quarter was for earnings of 38 cents per share. Wall Street expected results to range from 37 cents to 39 cents per share.
Revenue fell 11.3% to $82.43 million from a year ago; analysts expected $82.19 million.
Cool Company Ltd's reported EPS for the quarter was 15 cents.
The company reported quarterly net income of $8.15 million.
Cool Company Ltd shares had fallen by 5.8% this quarter and lost 16.4% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 31% in the last three months.
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."
The average consensus recommendation for the oil & gas transportation services peer group is also "buy"
Wall Street's median 12-month price target for Cool Company Ltd is $15.75
This summary was machine generated from LSEG data November 21 at 07:43 a.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Sep. 30 2024 | 0.38 | 0.15 | Missed |
Jun. 30 2024 | 0.35 | 0.49 | Beat |
Mar. 31 2024 | 0.46 | 0.68 | Beat |
Dec. 31 2023 | 0.56 | 0.41 | Missed |
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