• SFL Corporation Ltd SFL.N reported quarterly adjusted earnings of 2 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 36 cents. The mean expectation of three analysts for the quarter was for a loss of 3 cents per share. Wall Street expected results to range from -8 cents to 2 cents per share.

• Revenue fell 18.5% to $186.74 million from a year ago; analysts expected $186.23 million.

• SFL Corporation Ltd's reported EPS for the quarter was a loss of 24 cents​.

• The company reported a quarterly loss of $31.87 million.

• SFL Corporation Ltd shares had risen by 6.3% this quarter and lost 14.7% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 130% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the oil & gas transportation services peer group is also "buy"

• Wall Street's median 12-month price target for SFL Corporation Ltd is $11.40

This summary was machine generated from LSEG data May 14 at 01:30 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)