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TORM Class A Earnings Calls
| Release date | May 13, 2026 |
| EPS estimate | $1.33 |
| EPS actual | $1.18 |
| EPS Surprise | -11.28% |
| Revenue estimate | 297.429M |
| Revenue actual | 286M |
| Revenue Surprise | -3.84% |
| Release date | Feb 26, 2026 |
| EPS estimate | $0.83 |
| EPS actual | $0.87 |
| EPS Surprise | 4.69% |
| Revenue estimate | 236.179M |
| Revenue actual | 251M |
| Revenue Surprise | 6.28% |
| Release date | Nov 06, 2025 |
| EPS estimate | $0.82 |
| EPS actual | $0.770 |
| EPS Surprise | -5.64% |
| Revenue estimate | 272.983M |
| Revenue actual | 343.108M |
| Revenue Surprise | 25.69% |
| Release date | Aug 14, 2025 |
| EPS estimate | $0.570 |
| EPS actual | $0.580 |
| EPS Surprise | 1.75% |
| Revenue estimate | 207.584M |
| Revenue actual | 315.2M |
| Revenue Surprise | 51.84% |
Last 4 Quarters for TORM Class A
Below you can see how TRMD performed 4 days prior and 4 days after releasing the earnings report. Also, you can see the pre-estimates and the actual earnings. This information can give you a slight idea of what you might expect for the next quarter's release.
| Release date | Aug 14, 2025 |
| Price on release | $20.49 |
| EPS estimate | $0.570 |
| EPS actual | $0.580 |
| EPS surprise | 1.75% |
| Date | Price |
|---|---|
| Aug 08, 2025 | $19.23 |
| Aug 11, 2025 | $18.55 |
| Aug 12, 2025 | $18.77 |
| Aug 13, 2025 | $19.07 |
| Aug 14, 2025 | $20.49 |
| Aug 15, 2025 | $20.00 |
| Aug 18, 2025 | $20.38 |
| Aug 19, 2025 | $20.11 |
| Aug 20, 2025 | $20.57 |
| 4 days before | 6.55% |
| 4 days after | 0.390% |
| On release day | -2.39% |
| Change in period | 6.97% |
| Release date | Nov 06, 2025 |
| Price on release | $22.32 |
| EPS estimate | $0.82 |
| EPS actual | $0.770 |
| EPS surprise | -5.64% |
| Date | Price |
|---|---|
| Oct 31, 2025 | $21.95 |
| Nov 03, 2025 | $21.67 |
| Nov 04, 2025 | $21.14 |
| Nov 05, 2025 | $21.36 |
| Nov 06, 2025 | $22.32 |
| Nov 07, 2025 | $22.78 |
| Nov 10, 2025 | $23.49 |
| Nov 11, 2025 | $23.37 |
| Nov 12, 2025 | $23.50 |
| 4 days before | 1.69% |
| 4 days after | 5.29% |
| On release day | 2.06% |
| Change in period | 7.06% |
| Release date | Feb 26, 2026 |
| Price on release | $29.18 |
| EPS estimate | $0.83 |
| EPS actual | $0.87 |
| EPS surprise | 4.69% |
| Date | Price |
|---|---|
| Feb 20, 2026 | $27.47 |
| Feb 23, 2026 | $27.27 |
| Feb 24, 2026 | $27.67 |
| Feb 25, 2026 | $27.74 |
| Feb 26, 2026 | $29.18 |
| Feb 27, 2026 | $30.13 |
| Mar 02, 2026 | $30.94 |
| Mar 03, 2026 | $30.90 |
| Mar 04, 2026 | $30.76 |
| 4 days before | 6.22% |
| 4 days after | 5.41% |
| On release day | 3.26% |
| Change in period | 11.98% |
| Release date | May 13, 2026 |
| Price on release | $32.64 |
| EPS estimate | $1.33 |
| EPS actual | $1.18 |
| EPS surprise | -11.28% |
| Date | Price |
|---|---|
| May 07, 2026 | $33.11 |
| May 08, 2026 | $33.92 |
| May 11, 2026 | $34.09 |
| May 12, 2026 | $34.57 |
| May 13, 2026 | $32.64 |
| May 14, 2026 | $31.56 |
| May 15, 2026 | $32.03 |
| May 18, 2026 | $32.49 |
| May 19, 2026 | $31.68 |
| 4 days before | -1.42% |
| 4 days after | -2.94% |
| On release day | -3.31% |
| Change in period | -4.32% |
TORM Class A Earnings Call Transcript Summary of Q1 2026
TORM reported a very strong Q1 2026 driven by firm freight rates, disciplined execution and its centralized "One TORM" operating platform. Key financials: TCE USD 286m, EBITDA USD 201m, net profit USD 122m (EPS USD 1.21). Management raised full‑year guidance to TCE USD 1.15–1.45bn and EBITDA USD 800m–1.1bn, citing exceptionally strong Q2 coverage (57% of Q2 days fixed at an average TCE of USD 71,494/day). The board declared a dividend of USD 0.70/share (58% payout ratio); management explained the lower payout versus the ~80% level was primarily due to a ~USD 30m working capital build (DSOs and higher bunker inventory) at quarter‑end timing. Fleet actions: active renewal (older tonnage sold, younger second‑hand purchases) and agreement to acquire six MR resales (fleet to grow from 95 to 103 vessels when delivered). Balance sheet remains conservative: net interest‑bearing debt USD 894m, net LTV ~25.1%, broker fleet valuation USD 3.6bn and NAV USD 3.1bn. Market view and risks: management attributes the strength to both structural factors and event‑driven disruptions (notably the Strait of Hormuz closure), sanctions‑driven effective capacity loss, stranded tonnage and longer ton‑miles — calling the situation a "structural market reset." They emphasize readiness and agility but note uncertainty around timing of Strait reopenings, geopolitical risk, and volatility that could affect the outlook.
