NYSE$SFL

SFL Corporation Ltd · Q3 2024 earnings

Q3 2024 earnings · · Investor relations

Briefing

SFL Q3 2024 — $100.0M revenue, 0.86 EPS

The results of operations for the interim period ended September 30, 2024 are not necessarily indicative of the results for the entire year ending December 31, 2024. SFL Corporation Ltd reported Q3 2024 results. Diluted EPS came in at $0.86. Net income of $17K. Headline numbers extracted from the Form 6-K press release; narrative is light because this row was processed without an LLM call.

  • Revenue: $100.0M.
  • Diluted EPS: $0.86.
  • Net income: $17K.
  • Operating income: $7K.

Headline financials

Total Revenue

$255M

Previous: $205M+24.6%
EPS (adj)

$0.34

Previous: $0.23+47.8%
Capital Expenditures

-$306M

Previous: -$65.6M-365.9%
Net Income

$44.5M

Previous: $29.3M+51.9%
Operating Income

$94.1M

Previous: $65.4M+44.0%
Gross Profit

$99.1M

Previous: $66.5M+48.9%

Revenue & EPS history

SFL · Revenue · Quarterly

$255M

Q3 2024+24.6%vs Q3 2023
Beat estimate in 9 of 13 quarters(69%)
ActualEstimate

Revenue by segment

SFL · $172M total across 3 segments · Q1 2026

  • Time charter revenues
    $134M
  • Drilling contract revenues
    $23M
  • Voyage charter and pool
    $14.7M

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 18 quarterly earnings reports · overlaid with Q3 2024

Historical avgQ3 2024

+0.8%

Avg return

Earnings day

+0.2%

Avg return

5 days after

-2.6%

Avg return

30 days after

54%

34 / 63 earnings

Positive

+12.9%

Q4 2021

Best reaction

-16.7%

Q2 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-2.9%-2.2%-10.2%
Q4 2026+6.6%+3.7%-6.7%
Q2 2025-16.7%-9.2%-11.7%
Q1 2025-0.6%-0.2%-1.5%
Q4 2024-5.6%-14.1%-24.2%
Q3 2024-1.4%-5.0%-2.2%
Q1 2024-2.4%-2.0%-6.2%
Q3 2023-1.8%-0.2%+1.7%
Q2 2023+2.7%+2.0%+2.0%
Q1 2023-2.6%+0.1%+9.0%
Q4 2022-2.7%-1.9%-12.0%
Q2 2022+7.2%+2.9%-2.3%
Q1 2022+8.5%+11.8%+8.0%
Q4 2021+12.9%+12.6%+14.1%
Q3 2021-5.0%-8.4%-10.7%
Q2 2021+7.2%+10.1%+13.5%
Q1 2021+10.6%+11.1%+8.3%
Q4 2020-8.5%-0.7%+3.1%
Q3 2020-10.9%-6.0%-13.0%
Q2 2020-4.6%-6.8%-6.7%
Q1 2020+0.8%-1.7%-0.8%
Q4 2019-0.6%-1.8%-41.1%
Q3 2019-2.4%-2.1%+0.7%
Q2 2019+9.8%+7.0%+10.1%
Q1 2019+3.6%-1.2%-4.4%
Q4 2018-0.4%-1.5%-2.2%
Q3 2018+6.4%+3.3%-9.2%
Q2 2018-0.3%-0.3%-6.4%
Q1 2018+4.2%+7.6%+3.8%
Q4 2017-4.6%-4.6%-5.6%
Q3 2017+5.0%+4.7%+2.0%
Q2 2017-4.7%-4.7%+5.8%
Q1 2017+3.4%+5.4%+1.9%
Q4 2016+3.4%+0.3%+0.7%
Q3 2016+3.6%+4.0%+6.5%
Q2 2016-2.1%-1.0%-2.8%
Q1 2016-2.1%-2.0%-6.1%
Q4 2015+7.6%
Q3 2015+3.5%
Q2 2015+10.4%
Q1 2015+10.0%
Q4 2014+4.4%
Q3 2014+2.8%
Q2 2014+1.2%
Q1 2014+0.2%
Q4 2013+6.4%
Q3 2013+0.4%
Q2 2013+0.5%
Q1 2012-4.1%
Q1 2013-4.4%
Q2 2012-3.8%
Q4 2012+0.5%
Q3 2011-8.2%
Q3 2012+4.9%
Q4 2011-0.3%
Q2 2011-0.3%
Q1 2011+0.3%
Q4 2009+0.2%
Q4 2010+0.2%
Q4 2008+0.2%
Q3 2010-0.8%
Q2 2010-0.6%
Q1 2010+5.5%

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