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FLEX LNG Ltd (FLNG)
NYSE:FLNG
Earnings Data
Report Date
Aug 29, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.42Last Year’s EPS
0.56Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 21, 2025
|% Change Since: -6.07%
|Next Earnings Date:Aug 29, 2025
Earnings Call Sentiment|Positive
Flex LNG reported solid financial results and maintained a strong balance sheet, despite challenges in the spot market and global LNG import environment. The company's long-term outlook remains positive, bolstered by a strong contract backlog and cash position.Company Guidance
In the first quarter of 2025, Flex LNG reported strong financial results, with $29.4 million in adjusted net income and $0.54 in adjusted earnings per share. The company maintained its full-year revenue guidance of $340 million to $360 million, with an expected TCE of $72,000 to $77,000 per day. EBITDA is projected to be between $250 million and $270 million. The Board declared a $0.75 per share dividend, leading to a 12% yield over the last 12 months. Flex LNG's balance sheet remains robust, with $410 million in cash and a solid contract backlog of 59 years, potentially increasing to 88 years if all options are exercised. The company is optimizing its balance sheet to free up $120 million in cash, with plans for refinancing initiatives, including securing a JOLCO financing for Flex Courageous. Despite a soft spot market, Flex LNG's long-term outlook is positive, with strong demand anticipated for LNG shipping driven by new U.S. and Qatar projects.Strong Adjusted Net Income
Flex LNG reported $29.4 million in adjusted net income for Q1 2025, implying $0.54 in adjusted earnings per share.
Solid Contract Backlog
The company secured up to 88 years of contract backlog, providing a robust foundation for future revenue.
Fortress Balance Sheet
Flex LNG maintains a strong balance sheet with $410 million in cash and minimal CapEx liabilities.
Successful Balance Sheet Optimization
Initiation of balance sheet optimization program 3.0 to release an additional $120 million in free cash.
High Dividend Yield
The Board declared a $0.75 per share quarterly dividend, bringing the trailing 12-month dividend to $3 per share or a yield of 12%.
Positive Long-Term LNG Market Outlook
Flex LNG is well-positioned to benefit from increasing LNG export volumes expected between 2028 and 2030.
ESG Achievements
Released the seventh ESG report with a B score for CDP rating and zero lost time injury frequency in 2024.
FLNG Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
FLNG Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 21, 2025 | $24.40 | $22.39 | -8.24% |
Feb 04, 2025 | $24.94 | $25.24 | +1.20% |
Nov 12, 2024 | $22.53 | $23.36 | +3.68% |
Aug 14, 2024 | $23.75 | $23.68 | -0.29% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does FLEX LNG Ltd (FLNG) report earnings?
FLEX LNG Ltd (FLNG) is schdueled to report earning on Aug 29, 2025, TBA Not Confirmed.
What is FLEX LNG Ltd (FLNG) earnings time?
FLEX LNG Ltd (FLNG) earnings time is at Aug 29, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is FLNG EPS forecast?
FLNG EPS forecast for the fiscal quarter 2025 (Q2) is 0.42.