Stocks · News reference
TORM plc Reports Q3 2026 Financial Results and Raises Full-Year Guidance
TORM plc announced strong third-quarter 2026 financial results, with net profit rising to $199 million, and increased its full-year 2026 earnings guidance.
Reference Details
Connected Markets
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
- Source
- fiscal.ai
- Observed
- Checked
- Cadence
- Captured once, then retained as an archive reference
- Status
- fresh
Keep reading
Related Headlines
Danske Bank Raises Price Target for TORM
Danske Bank has increased its price target for TORM plc to 325 Danish kroner from 255 Danish kroner while maintaining a 'buy' rating.
Shares of crude and oil product tanker companies are trading lower after reports suggesting that the Trump administration may ease sanctions on global shadow fleet vessels in order to combat high freight rates, which may lower margins across the sector.
Reported Earlier, 'US considers easing sanctions on shadow fleet vessels to cut freight rates, official says' - Reuters Exclusive
TORM Raises FY26 Time Charter Equivalent Guidance In Range Of $1.7B - $1.9B From $1.4B - $1.6B
TORM plc (NASDAQ:TRMD) (NASDAQ:TRMD) today announces that, based on the Company's current coverage and expectations for continued market strength during the remainder of the fourth quarter of 2026, TORM has
Tanker Rates Hit $1.3M a Day As 9 Shipping Stocks Double in 2026
Nine of 13 U.S.-listed tanker stocks have more than doubled this year. For comparison, the SPDR S&P 500 ETF Trust is up 13.5%.