SFL (NYSE:SFL - Get Free Report) is anticipated to release its earnings data before the market opens on Wednesday, February 12th. Analysts expect SFL to post earnings of $0.17 per share and revenue of $218.18 million for the quarter. Persons that wish to listen to the company's earnings conference call can do so using this link.
SFL (NYSE:SFL - Get Free Report) last released its quarterly earnings data on Wednesday, November 6th. The shipping company reported $0.34 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.37 by ($0.03). The business had revenue of $255.30 million during the quarter, compared to analyst estimates of $243.98 million. SFL had a return on equity of 14.61% and a net margin of 16.03%. SFL's revenue was up 24.6% on a year-over-year basis. During the same period in the previous year, the company earned $0.23 EPS.
SFL Stock Up 0.1 %
SFL traded up $0.01 during trading hours on Friday, reaching $10.85. 503,613 shares of the stock traded hands, compared to its average volume of 674,379. The firm's fifty day simple moving average is $10.46 and its two-hundred day simple moving average is $10.95. The company has a market cap of $1.50 billion, a price-to-earnings ratio of 9.77 and a beta of 0.66. SFL has a fifty-two week low of $9.64 and a fifty-two week high of $14.62. The company has a debt-to-equity ratio of 1.93, a current ratio of 0.50 and a quick ratio of 0.50.
Analyst Upgrades and Downgrades
Separately, Fearnley Fonds raised shares of SFL from a "hold" rating to a "strong-buy" rating in a report on Thursday, November 21st.
View Our Latest Analysis on SFL
About SFL
(
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SFL Corporation Ltd., a maritime and offshore asset owning and chartering company, engages in the ownership, operation, and chartering out of vessels and offshore related assets on medium and long-term charters. The company operates in various sectors of the maritime, and shipping and offshore industries, including oil transportation, dry bulk shipments, chemical transportation, oil products transportation, container transportation, car transportation, and drilling rigs.
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