Hafnia (HAFN) Expected to Announce Earnings on Thursday

Hafnia (NYSE:HAFN) is expected to be posting its quarterly earnings results before the market opens on Thursday, February 27th. Analysts expect Hafnia to post earnings of $0.13 per share for the quarter.

Hafnia (NYSE:HAFN) last released its quarterly earnings data on Wednesday, November 27th. The company reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.33 by $0.09. Hafnia had a net margin of 53.44% and a return on equity of 36.90%.

Hafnia Trading Down 1.7 %

Hafnia stock opened at $4.90 on Wednesday. The stock has a market cap of $2.48 billion and a P/E ratio of 2.88. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.70 and a quick ratio of 1.52. Hafnia has a 1 year low of $4.89 and a 1 year high of $8.99. The firm’s 50 day moving average price is $5.39 and its 200-day moving average price is $6.20.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group reduced their price objective on shares of Hafnia from $8.00 to $6.50 and set a “buy” rating on the stock in a research report on Tuesday, December 17th.

Hafnia Company Profile

Hafnia Limited owns and operates oil product tankers in Bermuda. It operates through Long Range II, Long Range I, Medium Range (MR), Handy size, and Specialized segments. The company transports clean and dirty, refined oil products, vegetable oil, and easy chemicals to national and international oil companies, and chemical companies, as well as trading and utility companies; and owns and operates 200 vessels.