Golden Ocean Group Ltd <GOGL.OQ> expected to post earnings of 27 cents a share - Earnings Preview
Golden Ocean Group Ltd GOGL.OQ GOGL.O is expected to show a fall in quarterly revenue when it reports results on February 26 for the period ending December 31 2024
The Hamilton Bermuda-based company is expected to report a 8.7% decrease in revenue to $179.561 million from $196.75 million a year ago, according to the mean estimate from 5 analysts, based on LSEG data.
LSEG's mean analyst estimate for Golden Ocean Group Ltd is for earnings of 27 cents per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Golden Ocean Group Ltd is $13.90, above its last closing price of $9.43.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Sep. 30 2024 | 0.30 | 0.32 | 0.28 | Missed | -11.9 |
Jun. 30 2024 | 0.30 | 0.30 | 0.31 | Beat | 4.7 |
Mar. 31 2024 | 0.32 | 0.26 | 0.33 | Beat | 25.4 |
Dec. 31 2023 | 0.28 | 0.27 | 0.29 | Beat | 7.9 |
Sep. 30 2023 | 0.07 | 0.06 | 0.14 | Beat | 121.1 |
Jun. 30 2023 | 0.13 | 0.11 | 0.17 | Beat | 49.6 |
Mar. 31 2023 | -0.04 | -0.05 | -0.04 | Beat | 23.8 |
Dec. 31 2022 | 0.20 | 0.21 | 0.31 | Beat | 45.7 |
This summary was machine generated February 24 at 13:37 GMT. 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)
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