FRO Q3 2020 Earnings — Frontline Ltd. Revenue & Financial Results | Market Cap Arena

FROFrontline Ltd.

$8B

Q3 2020 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$247M+31.9% YoY

Gross Profit

$87M35.0% margin

Operating Income

$71M28.7% margin

Net Income

$57M23.1% margin

EPS (Diluted)

$0.29

QoQ Revenue Growth

-36.1%

Cash Flow

Operating Cash Flow

$132M

Free Cash Flow

$101M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$4.0B

Total Liabilities

$2.4B

Stockholders' Equity

$1.6B

Cash & Equivalents

$194M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$247M	$188M	+31.9%
Gross Profit	$87M	$18M	+379.9%
Operating Income	$71M	$12M	+485.7%
Net Income	$57M	-$10M	+672.9%