Frontline releasing some goods news this morning. The company reported its first quarter earnings this morning, posting an EPS of $0.09, beating analysts estimates of an earnings loss of $0.10 a share.Revenues in the quarter fell 28.7% year-over-year to $167.2 million., well above estimates of $91.35 million.With this very unexpected earnings report, Frontline is seeing a lot of growth in the beginning of the trading session. Currently it’s up close to 10% to $5.45 a share.
