Golden Ocean Group Limited (NASDAQ:GOGL) is set to announce second quarter earning results on Tuesday 18th August 2020, before market open.
Analysts surveyed by Thomson Reuters are predicting, GOGL to report 2Q20 loss of $ 0.26 per share.
For the full year, analysts anticipate top line of $ 375.12 million, while looking forward to loss of $ 0.04 per share bottom line.
Previous Quarter Performance
Golden Ocean Group Limited revealed loss for the first quarter of $ 0.46 per share, from the revenue of $ 137.41 million. The consensus estimates are loss of $ 0.22 per share from $ 92.53 million in revenue. The bottom line results missed street analysts by $ 0.24 or 109.09 percent, at the same time, top line results outshined analysts by $ 44.88 million or 48.50 percent.
Historical Earnings Performance
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Stock Performance
The company has a market capital of $ 604.46 million and is part of the Industrials sector and Shipping & Ports industry.
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Conference Call
Golden Ocean Group Limited will be hosting a conference call at 9:00 AM eastern time on 18th August 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.goldenocean.bm
Golden Ocean Group Limited, a shipping company, engages in the transportation of bulk commodities worldwide. It owns and operates dry bulk vessels in the spot and time charter markets. The company transports bulk commodities, such as ores, coal, grains, and fertilizers.