
On CNBC's “Halftime Report Final Trades,” Jenny Van Leeuwen Harrington, chief executive officer of Gilman Hill Asset Management, LLC, said FLEX LNG Ltd. (NYSE:FLNG) is up 10% on the year. The company has a 12% dividend yield and 13 times earnings, she added.
Flex LNG will release its unaudited financial results for the second quarter on Wednesday, Aug. 20. Analysts expect the company to report quarterly earnings at 46 cents per share, down from 56 cents per share in the year-ago period. The company projects quarterly revenue of $82.44 million compared to $84.7 million a year earlier.