Frontline: The Market Anticipates A Drop In Earnings In 2027

Frontline benefits from exceptionally high tanker rates, robust cash flow, and a young fleet, supporting a buy rating. FRO's Q2 adjusted profit hit a record $580M, with most Q3 capacity already secured at elevated rates, underpinning near-term earnings strength. I see 2027 EPS estimates as too conservative; if tanker rates persist, FRO could deliver $5.50–$6.50 EPS, implying significant upside.