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TORM Class A Earnings Calls
| Release date | Nov 06, 2025 |
| EPS estimate | $0.84 |
| EPS actual | $0.770 |
| EPS Surprise | -8.33% |
| Revenue estimate | 247.539M |
| Revenue actual | 343.108M |
| Revenue Surprise | 38.61% |
| 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% |
| Release date | May 08, 2025 |
| EPS estimate | $0.640 |
| EPS actual | $0.620 |
| EPS Surprise | -3.13% |
| Revenue estimate | 211.238M |
| Revenue actual | 329.1M |
| Revenue Surprise | 55.80% |
| Release date | Mar 06, 2025 |
| EPS estimate | $0.81 |
| EPS actual | $0.750 |
| EPS Surprise | -7.41% |
| Revenue estimate | 220.6M |
| Revenue actual | 305.4M |
| Revenue Surprise | 38.44% |
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 | Mar 06, 2025 |
| Price on release | $19.39 |
| EPS estimate | $0.81 |
| EPS actual | $0.750 |
| EPS surprise | -7.41% |
| Date | Price |
|---|---|
| Feb 28, 2025 | $17.59 |
| Mar 03, 2025 | $17.37 |
| Mar 04, 2025 | $17.62 |
| Mar 05, 2025 | $17.35 |
| Mar 06, 2025 | $19.39 |
| Mar 07, 2025 | $19.06 |
| Mar 10, 2025 | $17.83 |
| Mar 11, 2025 | $17.34 |
| Mar 12, 2025 | $17.62 |
| 4 days before | 10.23% |
| 4 days after | -9.13% |
| On release day | -1.73% |
| Change in period | 0.171% |
| Release date | May 08, 2025 |
| Price on release | $16.21 |
| EPS estimate | $0.640 |
| EPS actual | $0.620 |
| EPS surprise | -3.13% |
| Date | Price |
|---|---|
| May 02, 2025 | $16.72 |
| May 05, 2025 | $17.11 |
| May 06, 2025 | $16.98 |
| May 07, 2025 | $16.51 |
| May 08, 2025 | $16.21 |
| May 09, 2025 | $16.49 |
| May 12, 2025 | $17.04 |
| May 13, 2025 | $17.27 |
| May 14, 2025 | $17.80 |
| 4 days before | -3.05% |
| 4 days after | 9.81% |
| On release day | 1.73% |
| Change in period | 6.46% |
| 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 | $0.84 |
| EPS actual | $0.770 |
| EPS surprise | -8.33% |
| 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% |
TORM Class A Earnings Call Transcript Summary of Q3 2025
TORM delivered a strong Q3 2025 driven by firm freight rates and positive market fundamentals. Key financials: TCE revenues of USD 236m, EBITDA USD 152m, net profit USD 78m, and Q3 EPS USD 0.79. The company declared a dividend of USD 0.62/share (78% payout) and reiterated a shareholder-return focus tied to free liquidity. Fleet moves included acquisition of five vessels (four 2014-built MRs and one 2010-built LR2), divestment of an older MR, and a notable 3-year time charter of the 2009-built MR TORM Lilly at USD 22,234/day. Management raised and narrowed full-year guidance: TCE now guided to USD 875–925m (midpoint up USD 25m) and EBITDA to USD 540–590m. Market commentary emphasized continued support from refinery closures in Europe and the U.S. West Coast, elevated ton-miles from East-to-West trade recovery, and ongoing geopolitical drivers (Red Sea disruption, Russia sanctions). Supply-side context: nominal fleet growth offset by fewer LR2s trading clean and an aging fleet with substantial scrapping candidates; orderbook should be viewed against accelerated exits and sanctions. Balance sheet and liquidity: broker fleet valuation ~USD 2.9bn, NAV ~USD 2.4bn, net interest-bearing debt USD 690m (~24% leverage), limited near-term debt maturities (USD 122m next 12 months) and ongoing lease repurchases, providing financial flexibility. Coverage: as of Oct 31, 55% of Q4 days fixed at ~TCE USD 30,156/day and 89% of 2025 earning days secured at avg TCE USD 28,281/day, giving management confidence in the tightened guidance and near-term visibility.
