Education
About Us
Working with TipRanks
Follow Us
Cool Company Ltd (CLCO)
:CLCO
Earnings Data
Report Date
Aug 28, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.21Last Year’s EPS
0.49Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 21, 2025
|% Change Since: 20.49%
|Next Earnings Date:Aug 28, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted positive revenue and backlog growth, along with reduced operating expenses, indicating a strong strategic position. However, the decline in TCE rates, interest expenses, and challenging market conditions present notable concerns.Company Guidance
During the Q1 2025 business update, Cool Company Limited provided guidance that highlighted several key metrics. The average Time Charter Equivalent (TCE) for the quarter was $70,600 per day, a slight decrease from the previous quarter due to repositioning expenses. Total operating revenue increased to $85.5 million from $84.6 million, with an adjusted EBITDA of $53.4 million. The company's contract backlog exceeded $1.6 billion, averaging $78,000 per day on firm and floating contracts, with 83% of 2025 vessel days covered. CoolCo also reported a cash and cash equivalents total of approximately $136 million and a total available liquidity of $256 million. The vessel operating expense per day decreased to $16,300, reflecting operational efficiencies gained through completed dry docks. The company remains well-positioned for future opportunities, with LNG supply projected to increase and a focus on long-term charter opportunities.Revenue and EBITDA Growth
Total operating revenue increased to $85.5 million in Q1 2025, up from $84.6 million in Q4 2024. Adjusted EBITDA for the period was $53.4 million.
Strong Contracted Revenue Backlog
The total contracted revenue backlog exceeded $1.6 billion, representing approximately 59 vessel years of backlog or an average of 4.5 years per vessel.
Fleet Operating Expense Reduction
Average vessel operating expenses decreased to $16,300 per day per vessel, down from $17,600 per day a year ago.
LNG Supply Growth
LNG supply is projected to increase by over 20% from 2024 levels by the end of 2026, with further growth in subsequent years.
CLCO 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
CLCO Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 21, 2025 | $6.15 | $6.07 | -1.30% |
Feb 27, 2025 | $7.17 | $6.34 | -11.58% |
Nov 21, 2024 | $10.45 | $9.05 | -13.40% |
Aug 29, 2024 | $9.80 | $10.42 | +6.33% |
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 Cool Company Ltd (CLCO) report earnings?
Cool Company Ltd (CLCO) is schdueled to report earning on Aug 28, 2025, TBA Not Confirmed.
What is Cool Company Ltd (CLCO) earnings time?
Cool Company Ltd (CLCO) earnings time is at Aug 28, 2025, TBA Not 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 CLCO EPS forecast?
CLCO EPS forecast for the fiscal quarter 2025 (Q2) is 0.21.