What To Expect From FLEX LNG Ltd. ($FLNG) 2Q20 Earnings

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FLEX LNG Ltd. (NYSE:FLNG) is expected to report second quarter earnings results, before market open, on Wednesday 19th August 2020.

Previous Quarter Performance

FLEX LNG Ltd. unveiled income for the first quarter of $ 0.17 per share, from the revenue of $ 38.19 million. The quarterly earnings declined 20.59 percent compared with the same quarter last year. Wall street analysts are predicting revenue of The bottom line results street analysts by $ 0.04 or , at the same time, top line results analysts by $ 12.9 million or .

Stock Performance

According to the previous trading day, closing price of FLNG was $ 5.98, representing a 75.88 % increase from the 52 week low of $ 3.40 and a 49.32 % decrease over the 52 week high of $ 11.80.

Flex LNG Ltd., through its subsidiaries, engages in the transportation of liquefied natural gas worldwide. The company has a total fleet of four LNG carriers. It also provides chartering and management services.