Frontline (FRO) has released an update.
Don't Miss Our New Year's Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Frontline plc reported a strong financial performance for the third quarter of 2024, with a profit of $60.5 million and revenues of $490.3 million. The company also declared a cash dividend of $0.34 per share and completed significant refinancing activities, including the sale of an older vessel and repayment of major debts. Frontline continues to focus on maintaining a competitive cost structure amid a challenging geopolitical landscape.
For further insights into FRO stock, check out TipRanks’ Stock Analysis page.
