Golden Ocean Group Ltd <GOGL.OQ> expected to post a loss of 16 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 May 21 for the period ending March 31 2025
The Hamilton Bermuda-based company is expected to report a 39.4% decrease in revenue to $119.25 million from $196.7 million a year ago, according to the mean estimate from 4 analysts, based on LSEG data.
LSEG's mean analyst estimate for Golden Ocean Group Ltd is for a loss of 16 cents per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell."
The mean earnings estimate of analysts had risen by about 1.9% in the last three months.
Wall Street's median 12-month price target for Golden Ocean Group Ltd is $11.23, above its last closing price of $8.06.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Dec. 31 2024 | 0.22 | 0.27 | 0.20 | Missed | -25.4 |
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 |
This summary was machine generated May 19 at 12:48 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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