TORM (TRMD) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $1.78
- Estimate
- $1.60
- Surprise
- +11.0%
- Score today
- 7.4/10
Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.
How the report landed
TORM (TRMD) beat the $1.60 estimate with adjusted EPS of $1.78 — a large 11.0% upside surprise.
Where TrendMatrix's rating stands now
TrendMatrix currently rates TRMD Hold at 7.4/10; no pre/post engine snapshot brackets this report.
1 of the last 4 quarters beat the estimate; this quarter's +11.0% surprise compares with a -2.5% four-quarter average.
What supports the rating
- V7 quality resilience bonus: +0.2 (Q=7.9 in RISK_OFF)
- Sector modifier (Energy): +1.2
What argues against it
- Analyst target reached - limited upside remaining
- Consecutive earnings misses (2)
- Negative momentum
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $37.64
- Price target
- $38.25
- Stop
- $35.77
- Upside to target
- +1.6%
- Reward-to-risk
- 0.2:1
The stock trades at 6.2× trailing but 4.8× forward earnings — consensus estimates already build in a substantial earnings recovery.
Model outputs from TrendMatrix’s engine as of 2026-11-05 — shown for context, not personalized investment advice.
TRMD at TrendMatrix's latest read
Energy results are commodity-price arithmetic first; the operational beat or miss is read net of what the strip already told the market.
- Industry
- Oil & Gas Midstream
- Market cap
- $3.87B
- P/E (fwd)
- 4.8
- P/E (ttm)
- 6.2
- 52-week range
- $19.30–$43.31
- Off 52-week high
- 13.1%
- RSI (14)
- 47
- Volume vs avg
- 1.47×
- Score today
- 7.4/10