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Stock impact report

FLEX LNG Full Year 2023 Earnings: EPS: US$2.24 (vs US$3.54 in FY 2022) [Yahoo! Finance]

FLEX LNG Ltd. Ordinary Shares (FLNG) 
Company Research Source: Yahoo! Finance
Net income: US$120.0m (down 36% from FY 2022). Profit margin: 32% (down from 54% in FY 2022). The decrease in margin was driven by higher expenses. EPS: US$2.24 (down from US$3.54 in FY 2022). All figures shown in the chart above are for the trailing 12 month (TTM) period FLEX LNG Earnings Insights Looking ahead, revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Oil and Gas industry in the US. Performance of the American Oil and Gas industry. The company's shares are down 13% from a week ago. Risk Analysis Be aware that FLEX LNG is showing 3 warning signs in our investment analysis and 2 of those don't sit too well with us... Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbias Show less Read more
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