07:29 AM EST, 03/06/2025 (MT Newswires) -- TORM ( TRMD ) reported fiscal Q4 basic earnings Thursday of $0.77 per share, down from $2.18. a year earlier.

Analysts polled by FactSet expected $0.61.

Time charter equivalent earnings for the quarter ended Dec. 31 were $214.7 million, down from $266.4 million a year earlier. Analysts surveyed by FactSet expected $211.6 million.

The tanker company said it expects full-year 2025 TCE earnings of $650 million to $950 million. Analysts polled by FactSet expect $971.3 million.

TORM ( TRMD ) shares were up over 7% in recent premarket activity.