Frontline (FRO) Lags Q4 Earnings and Revenue Estimates

Frontline (FRO) came out with quarterly earnings of $0.46 per share, missing the Zacks Consensus Estimate of $0.52 per share. This compares to earnings of $0.97 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -11.54%. A quarter ago, it was expected that this shipping company would post earnings of $0.46 per share when it actually produced earnings of $0.36, delivering a surprise of -21.74%.Over the last four quarters, the comp ...