Flex LNG Q3 Adj EPS $0.67 Down From $0.79 YoY, Sales $94.58M Up From $91.26M YoY
Portfolio Pulse from Benzinga Newsdesk
Flex LNG reported Q3 adjusted earnings of $0.67 per share, a 15.19% decrease YoY. However, the company's sales increased by 3.64% to $94.58 million.
November 08, 2023 | 8:51 am
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NEUTRAL IMPACT
Flex LNG's Q3 earnings decreased by 15.19% YoY, but sales increased by 3.64%.
The decrease in earnings could negatively impact the stock price, but the increase in sales could offset this impact, leading to a neutral short-term price direction.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100