07 NOVEMBER 2024 THIRD QUARTER 2024 Safe Harbor Statement As to The Future Matters discussed in this release may constitute forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides safe harbor protections for forward-looking statements in order to encourage companies to provide prospective information about their business. Forward-looking statements reflect our current views with respect to future events and financial performance and may include statements concerning plans, ...

TORM PLC (TRMD) came out with quarterly earnings of $1.35 per share, beating the Zacks Consensus Estimate of $1.29 per share. This compares to earnings of $1.36 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 4.65%. A quarter ago, it was expected that this company would post earnings of $1.99 per share when it actually produced earnings of $2.02, delivering a surprise of 1.51%.Over the last four quarters, the company has surpa ...

A STORE D THING L TH 0 4 TIP H 4 Holly 4 17 l I HeliRy Seeking Alpha Q | PODCAST SERIES Listen and subscribe to the Marketplace Roundtable on these podcast platforms: TORM (NASDAQ:TRMD) CEO Jacob Meldgaard joined Value Investor's Edge Live on Sept. 19, 2024, to discuss product tanker markets and ongoing company prospects. TRMD has notably expanded their fleet and reduced balance sheet leverage over the past 2-3 years and now has one of the largest publicly traded tanker fleets with a current market cap of r ...

A STORE D THING L TH 0 4 TIP H 4 Holly 4 17 l I Oil Tanker HeliRy In the two weeks ended September 10, TORM plc (NASDAQ:TRMD) crashed approximately 14% to $32.26, a level not seen in years. | --- | --- | --- | |---------------|-------|-------| | | | | | Sep. 10, 2024 | 33.09 | | | Sep. 09, 2024 | 32.91 | | | Sep. 06, 2024 | 33.42 | | | Sep. 05, 2024 | 33.42 | | | Sep. 04, 2024 | 33.91 | | | Sep. 03, 2024 | 35.46 | | | Aug. 30, 2024 | 36.29 | | | Aug. 20, 2024 | 36.82 | | | Aug. 28, 2024 | 38.02 | | | --- | ...

I II n djgunner Thesis The last 10 days have been rough for owners of TORM plc (NASDAQ:TRMD) with the share price declining roughly 15%. The stock has been hammered by both a general market sell-off, as well as seasonality taking its toll on charter rates. However, the global refinery market continues to polarize, with production moving out of Europe and shifting toward the Middle East and Africa. This dynamic will continue the trend of a structural shift in the global clean product trade. At the currently ...

I II n djgunner Article Thesis TORM plc (NASDAQ:TRMD) is a shipping company that offers a gigantic 22% dividend yield right now, based on its most recent quarterly dividend payment. A yield this high is risky, of course, and even though TORM is very profitable right now, the dividend yield is likely not sustainable in the long run. That being said, TORM plc is a well-managed shipping company, and total returns could be attractive even if there is a dividend reduction in the foreseeable future. Company Overv ...

TORM PLC (TRMD) came out with quarterly earnings of $2.02 per share, beating the Zacks Consensus Estimate of $1.99 per share. This compares to earnings of $2.14 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 1.51%. A quarter ago, it was expected that this company would post earnings of $2.21 per share when it actually produced earnings of $2.08, delivering a surprise of -5.88%. Over the last four quarters, the company has su ...

The market expects TORM PLC (TRMD) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on Au ...

For those looking to find strong Transportation stocks, it is prudent to search for companies in the group that are outperforming their peers. Is TORM PLC (TRMD) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Transportation sector should help us answer this question. TORM PLC is one of 135 individual stocks in the Transportation sector. Collectively, these companies sit at #16 in the Zacks Sector Rank. The Zacks Sector Rank includes 1 ...

Dikuch Thesis TORM plc (NASDAQ:TRMD) is one of those stocks that I just have to trust the facts. Despite the significant rise in stock price since my last analysis, the facts show TRMD can generate a healthy yield, supported by increased refinery output in the Middle East and Africa. The additional refinery capacity in these areas should maintain the strong demand for tanker vessels even as new builds begin to hit the waters in growing numbers in 2025. By maintaining balance, I expect market conditions to b ...