- Flex LNG (FLNG, Financial) is set to announce its Q1 earnings on May 21st, ahead of the market's opening.
- Analysts forecast a quarterly EPS of $0.49, marking a 30% decline from last year.
- Projected revenue is $87.63 million, which represents a 2.8% decrease compared to the same period the previous year.
Upcoming Earnings Release for Flex LNG
Flex LNG (FLNG) is poised to unveil its first-quarter earnings report on May 21st, just before the market opens. This strategic timing allows investors to digest the information and adjust their portfolios accordingly.
Key Projections and Expectations
Analysts are anticipating an earnings per share (EPS) of $0.49 for this quarter. This prediction represents a significant 30% decrease compared to the same quarter last year, indicating potential challenges or adjustments within the company over the past year.
Revenue Outlook
The expected revenue for Flex LNG is $87.63 million, which reflects a 2.8% decline year-over-year. This contraction could be indicative of broader market trends or specific business challenges faced by Flex LNG.
Investors will be closely watching the earnings call and subsequent market reactions for further insights into the company's performance and strategic direction moving forward.
