TORM Q2 EPS $3.25 Misses $3.39 Estimate, Sales $663.000M Beat $513.768M Estimate
TORM (NASDAQ:TRMD) reported quarterly earnings of $3.25 per share which missed the analyst consensus estimate of $3.39 by 4.13 percent. This is a 460.34 percent increase over earnings of $0.58 per share from the same
TORM made more money than people expected from selling stuff, but earned slightly less per share than analysts thought. When a company beats on sales but misses on earnings, it means they sold more things but made less profit from each sale—watch to see if they can improve their profit margins.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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