Cool Company Ltd CLCO.OL reported quarterly adjusted earnings of 56 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 41 cents. The mean expectation of two analysts for the quarter was for earnings of 36 cents per share. Wall Street expected results to range from 35 cents to 36 cents per share.
Revenue fell 12.9% to $84.60 million from a year ago; analysts expected $82.40 million.
Cool Company Ltd's reported EPS for the quarter was 56 cents.
The company reported quarterly net income of $29.39 million.
Cool Company Ltd shares had fallen by 9.8% this quarter.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 12.7% in the last three months.
In the last 30 days, there have been no negative revisions of earnings estimates
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 $14.75
This summary was machine generated from LSEG data February 27 at 08:31 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 |
Dec. 31 2024 | 0.36 | 0.56 | Beat |
Sep. 30 2024 | 0.38 | 0.15 | Missed |
Jun. 30 2024 | 0.35 | 0.49 | Beat |
Mar. 31 2024 | 0.46 | 0.68 | Beat |
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.