TORM Q3 Earnings, Time Charter Equivalent Earnings Rise; Shares Down Pre-Bell

05:08 AM EST, 11/04/2026 (MT Newswires) -- TORM (TRMD) reported Q3 earnings Wednesday of $1.91 per diluted share, up from $0.77 a year earlier. Analysts polled by FactSet expected $1.55. Time charter equivalent earnings for the quarter ended Sept. 30 were $352.8 million, compared with $236.4 million a year earlier. Analysts expected $330.9 million. For 2026, the company now expects time charter equivalent earnings of $1.75 billion to $1.90 billion, compared with its prior guidance range of $1.70 billion to $1.90 billion. Analysts are looking for $1.62 billion. TORM shares were down 2% in premarket activity.