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Frontline Non-GAAP EPS of $0.20 in-line, revenue of $425.6M beats by $152.44M

  • Frontline press release (NYSE:FRO): Q4 Non-GAAP EPS of $0.20 in-line.
  • Revenue of $425.6M (+2.6% Y/Y) beats by $152.44M.
  • Achieved average daily spot time charter equivalent earnings for VLCCs, Suezmax tankers and LR2/Aframax tankers in the fourth quarter of $35,900, $33,300 and $26,100 per day, respectively.
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