Flex Lng (FLNG)
NYSE:FLNG
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Earnings Data
Report Date
Aug 28, 2026TBA (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.6Last Year’s EPS
0.46Same Quarter Last Year
Moderate Sell
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presents a predominantly positive outlook driven by upgraded full-year guidance (revenues +10%, TCE +8%, adjusted EBITDA +11%), strong contract coverage (91% of 2026 available days fixed), a continued dividend program, and a solid balance sheet with $389M cash and hedges supporting rate visibility. Offsetting factors include seasonal softness in Q1, drydock-related off-hire and costs, a negative working capital timing impact, and elevated geopolitical risk from the Iran/Qatar situation creating short-term uncertainty. On balance, operational progress, tangible contract wins, and upgraded guidance outweigh the short-term headwinds.Company Guidance
Revenue and Earnings
Reported revenues of $80.5M (or $78M excluding EUAs). Net income of $19.5M (EPS $0.36). Adjusted net income $16.9M (adjusted EPS $0.31).
Upgraded Full-Year Guidance
Full-year revenue guidance raised to $345M–$370M (≈10% increase vs prior guidance). Fleet average TCE guidance raised to $73k–$78k/day (≈8% increase). Adjusted EBITDA guidance raised to $255M–$280M (≈11% increase).
Improved Contract Cover and Backlog
91% of remaining available days in 2026 are fixed. Company reports 54 years of minimum backlog (potentially 81 years if options exercised). Multiple contract extensions secured: Flex Resolute and Flex Courageous now employed to 2032 (with options to 2039); Flex Aurora fixed for 2 years to 2028 with additional 2+2+2 year options.
Dividend and Capital Return
Board declared quarterly dividend of $0.75/share (19th consecutive). Last 12 months dividends $3.00/share implying ~9.2% yield. Company has distributed ~$810M since 2021.
Strong Balance Sheet and Liquidity
Cash of $389M at quarter end. Book equity ~27%. No debt maturities before 2029. Active interest-rate hedge portfolio (notional $775M; average fixed rate 2.46%) with cumulative swap gains since 2021 of ~$137M.
Operational Milestones
Completed 2 of 3 planned 5-year special survey drydockings (Flex Volunteer, Flex Freedom) ahead of schedule; Flex Vigilant to drydock later in May. Average expected cost for 3 drydockings ~ $6M.
Market Tailwinds and Trade Growth
Global LNG trade volumes up ~3% year-to-date (first 4 months). U.S. export volumes ~130 Mtpa, up ~18% vs full year 2025. Tightening of supply following Qatar disruptions has opened robust short-term spot market and increased long-haul ton-mile demand.
Cost Control and Interest Rate Gains
Average OpEx per day ~ $16,000 and guidance maintained at $16,000/day. Interest expenses improved due to lower loan margins and active RCF management. Recognized $4.9M gains on interest rate derivatives (2.4M realized, 2.5M unrealized).
FLNG Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
FLNG Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 13, 2026 | $32.93 | $31.67 | -3.83% |
Feb 11, 2026 | $25.76 | $25.31 | -1.74% |
Nov 12, 2025 | $25.07 | $23.65 | -5.65% |
Aug 20, 2025 | $22.92 | $23.73 | +3.52% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Flex Lng (FLNG) report earnings?
Flex Lng (FLNG) is schdueled to report earning on Aug 28, 2026, TBA (Confirmed).
What is Flex Lng (FLNG) earnings time?
Flex Lng (FLNG) earnings time is at Aug 28, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is FLNG EPS forecast?
FLNG EPS forecast for the fiscal quarter 2026 (Q2) is 0.6.