FLNG Earnings Prediction
The chart below shows how FLNG performed 10 days before and after its earnings report, based on data from the past quarters. Typically, FLNG sees a +0.93% change in stock price 10 days leading up to the earnings, and a +2.56% change 10 days following the report. On the earnings day itself, the stock moves by -1.70%. This data can give you a slight idea of what to expect for the next quarter's release.
FLNG Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
90.93M
-6.48%
0.50%
Gross Margin
59.74%
-3.27%
0.78%
Operating Margin
54.85%
-7.61%
-3.60%
Net Margin
49.73%
149.40%
158.47%
EPS
0.83
130.56%
159.38%
No Data Available
FLNG Earnings Analysis
FLEX LNG Ltd. Ordinary Shares Corporation (FLNG.N) Earnings Conference Call
Positive
Earnings Per Share Beat: FLEX LNG Ltd. reported an EPS of $0.57, exceeding expectations of $0.51, indicating strong financial performance.
Q4 Revenue Performance: Total revenues for Q4 2024 reached $90.9 million, aligning with guidance and reflecting effective management despite market challenges.
Quarterly Adjusted Net Income: Adjusted net income for the quarter was $30.8 million, driven by a derivative income of $20.1 million, showcasing robust financial strategies.
Long-Term Revenue Visibility: The company secured a new 15-year time charter for Flex Constellation, extending revenue visibility through 2041, enhancing long-term growth prospects.
Debt Refinancing Success: Successful refinancing efforts resulted in $430 million in attractive debt, releasing $97 million in cash and lowering interest costs, improving financial flexibility.
Negative
Revenue Decline Noted: Revenues reported at $89.5 million, slightly below the previous quarter's $90.9 million, indicating a decline in revenue generation.
Interest Rate Impact on Profitability: Net income was impacted by a sharp increase in interest rates, leading to a significant derivative loss of $20.1 million, which negatively affected overall profitability.
Earnings Decline Challenges: Adjusted net income of $30.8 million reflects a decrease from previous quarters, highlighting challenges in maintaining earnings amidst market fluctuations.
Operational Disruption Forecast: The company plans to take four ships out of operations for special five-year surveys in 2025, which could disrupt service and revenue streams compared to only two ships taken out last year.
Projected Earnings Decline: Despite a backlog of charters, the expected time charter equivalent earnings for 2025 are projected to be in the mid-70s, indicating a potential decline in earnings compared to previous periods.
FLNG FAQs
How does FLNG typically perform around its earnings report dates?
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FLNG Earning Call Sentiment
FLEX LNG Ltd. (NYSE:FLNG) Q4 2024 Earnings Call Transcript
FLNG.N
0.27%Positive
The earnings call presented mixed signals: stable financial performance and strategic debt refinancing are positive, but revenue decline and market risks (e.g., EU ETS costs, interest rate fluctuations) are concerning. The absence of a share buyback program and unclear guidance on new contracts also temper optimism. The company's market cap suggests less volatility, supporting a neutral outlook.
