Hafnia Ltd reports results for the quarter ended March 31 - Earnings Summary

Reuters
15 May
Hafnia Ltd reports results for the quarter ended March 31 - Earnings Summary
  • Hafnia Ltd HAFNI.OL reported quarterly adjusted earnings of 13 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 43 cents. The mean expectation of six analysts for the quarter was for earnings of 14 cents per share. Wall Street expected results to range from 12 cents to 15 cents per share.

  • Revenue fell 42.3% to $218.75 million from a year ago; analysts expected $239.50 million.

  • Hafnia Ltd's reported EPS for the quarter was 13 cents​.

  • The company reported quarterly net income of $63.19 million.

  • Hafnia Ltd shares had risen by 25.2% this quarter and lost 6.5% so far this year.

FORECAST CHANGES

  • The mean earnings estimate of analysts had fallen by about 34.9% in the last three months.​

  • In the last 30 days, three analysts negatively revised earnings estimates

RECOMMENDATIONS

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

  • Wall Street's median 12-month price target for Hafnia Ltd is NOK62.33

This summary was machine generated from LSEG data May 15 at 06:39 a.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)

QUARTER ENDING

ESTIMATE

ACTUAL

BEAT, MET, MISSED

Mar. 31 2025

0.14

0.13

Missed

Dec. 31 2024

0.17

0.15

Missed

Sep. 30 2024

0.37

0.42

Beat

Jun. 30 2024

0.47

0.51

Beat

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