Ship Finance Intl SFL announces its next round of earnings this Tuesday, May 21. Here is Benzinga's everything-that-matters guide for the first-quarter earnings announcement.
Earnings and Revenue
Analysts predict Ship Finance Intl will report earnings of 25 cents per share on revenue of $116.56 million.
In the same quarter last year, Ship Finance Intl reported earnings per share of 24 cents on sales of $92.34 million. If the company were to match the consensus estimate when it reports Tuesday, earnings would be up 4.17 percent. Revenue would be up 26.22 percent on a year-over-year basis. The company's reported EPS has stacked up against analyst estimates in the past like this:
| Quarter | Q4 2018 | Q3 2018 | Q2 2018 | Q1 2018 | Q4 2017 |
| EPS Estimate | 0.3 | 0.27 | 0.25 | 0.21 | 0.26 |
| EPS Actual | 0.2 | 0.28 | 0.15 | 0.24 | 0.24 |
Stock Performance
Shares of Ship Finance Intl were trading at $13.04 as of May 20. Over the last 52-week period, shares are down 10.07 percent. Given that these returns are generally negative, long-term shareholders are probably upset going into this earnings release.
Analyst estimates are adjusted higher for EPS and revenues over the past 90 days. Analysts have been rating Ship Finance Intl stock as Neutral. The strength of this rating has maintained conviction over the past three months.
Conference Call
Ship Finance Intl's conference call is scheduled to begin at 10:00 a.m. ET and can be accessed here: https://www.sflcorp.com/calendar/
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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