The call presented a balanced view with strong points such as a robust charter backlog, advancements in fleet technology, and high fleet utilization. However, significant challenges were highlighted, including the impact of an idle rig, high dry docking costs, and a dividend reduction. The sentiment of the call appears neutral as both positive and negative aspects were equally emphasized.

Company Guidance -

Q3 2025

During the SFL Second Quarter 2025 Conference Call, several key metrics and financial highlights were discussed. The company announced a dividend of $0.20 per share, marking the 86th consecutive dividend, with a yield of approximately 9% based on the share price the previous day. SFL reported revenues of $194 million for the quarter and an EBITDA equivalent cash flow of $112 million, with a 12-month EBITDA equivalent totaling $526 million. The charter backlog was stated at $4.2 billion, with two-thirds contracted with investment-grade customers. The company also emphasized its fleet renewal strategy, having sold 57,000 deadweight dry bulk vessels and older Capesize bulkers, alongside new 5-year charters for three 9,500 TEU container vessels, adding $225 million to the backlog from 2026 onwards. Operational efficiency improved significantly, with utilization for the shipping fleet at 98.1% and 99.9% when adjusted for unscheduled technical off-hire. The Hercules drilling rig remained idle, impacting near-term financial results, with warm stacking costs targeted around $60,000 per day. SFL maintained a strong liquidity position with over $300 million in available liquidity, including undrawn credit lines and unencumbered vessels valued at approximately $192 million.

Strong Charter Backlog and Customer Base

SFL's charter backlog stands at $4.2 billion, with about 2/3 of this to customers with investment-grade ratings, providing unique cash flow visibility and resilience in the current market volatility.

Advancements in Fleet Technology

SFL has advanced its fleet technology with 11 vessels now capable of operating on LNG fuel, including 5 new builds under construction, enhancing their operational efficiency.

New 5-Year Charters with Maersk

SFL secured new 5-year charters for three 9,500 TEU container vessels with Maersk, adding $225 million to the backlog starting 2026.

High Utilization Rates

Overall fleet utilization was 98.1% in Q2, adjusted for unscheduled technical off-hire it was at 99.9%, indicating high operational efficiency.

Dividend Yield

The declared dividend of $0.20 per share represents a yield of approximately 9%.

SFL Corporation (SFL) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

SFL Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 05, 2025	2025 (Q3)	-0.03 / -	0.382	―	―	―
Aug 19, 2025	2025 (Q2)	-0.04 / 0.01	0.165	-93.94% (-0.15)
May 14, 2025	2025 (Q1)	-0.03 / 0.03	0.35	-90.57% (-0.32)
Feb 12, 2025	2024 (Q4)	0.16 / 0.13	0.234	-44.87% (-0.11)
Nov 06, 2024	2024 (Q3)	0.37 / 0.38	0.214	78.50% (+0.17)
Aug 14, 2024	2024 (Q2)	<0.01 / 0.17	0.116	42.24% (+0.05)
May 14, 2024	2024 (Q1)	0.27 / 0.35	0.036	872.22% (+0.31)
Feb 14, 2024	2023 (Q4)	0.14 / 0.23	0.362	-35.36% (-0.13)
Nov 08, 2023	2023 (Q3)	0.18 / 0.21	0.372	-42.47% (-0.16)
Aug 17, 2023	2023 (Q2)	0.04 / 0.12	0.439	-73.58% (-0.32)

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

SFL Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 19, 2025	$9.13	$7.61	-16.65%
May 14, 2025	$8.46	$8.41	-0.59%
Feb 12, 2025	$10.32	$9.74	-5.62%
Nov 06, 2024	$9.79	$9.54	-2.55%

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 SFL Corporation (SFL) report earnings?

SFL Corporation (SFL) is schdueled to report earning on Nov 05, 2025, TBA (Confirmed).

What is SFL Corporation (SFL) earnings time?

SFL Corporation (SFL) earnings time is at Nov 05, 2025, 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 SFL EPS forecast?

SFL EPS forecast for the fiscal quarter 2025 (Q3) is -0.03.

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