TORM’s Q2 Revenue and Profit Top Expectations Despite Market Slowdown

TORM PLC (NASDAQ: TRMD) posted Q2 2025 earnings of $0.58 per share, narrowly beating the Zacks Consensus Estimate of $0.57 and marking a 1.75% positive surprise. This result, however, was down sharply from $2.02 per share in the same quarter last year, reflecting weaker market conditions in the tanker segment.

Revenue came in at $210.3 million, slightly above expectations of $209.1 million, but less than half of the $437.7 million reported a year ago. The company has now topped consensus revenue forecasts in three of the last four quarters and exceeded earnings expectations in three out of four as well.

While results beat estimates, they underline the normalization in tanker earnings after the record levels seen in 2023–2024. Management’s commentary in the earnings call will be critical in shaping market expectations for the second half of the year, especially as rates soften from their earlier peaks.

So far in 2025, TORM shares have slipped around 2%, underperforming the S&P 500’s 10% gain.

For the next quarter, the market expects earnings of $0.60 per share on revenue of $212.7 million. Full-year 2025 consensus stands at $2.84 per share and $899.7 million in revenue. Whether TORM can meet or exceed these targets will depend on its ability to maintain operational efficiency and navigate freight market volatility.

In the longer term, trends in global oil trade, ton-mile demand, and fleet supply growth will remain the key drivers for the company’s earnings trajectory. With a modern fleet and an established position in the product tanker segment, TORM is well-placed to benefit from favorable market swings—but as this quarter’s numbers show, the highs of the past cycle may not be easily repeated.

Read this article on OilPrice.com

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