Golden Ocean falls on Q3 profit miss
** Shares of dry bulk vessel firm Golden Ocean Group GOGL.O fall 8.29% to $9.96 premarket as co's third-quarter profit missed analysts' estimates
** The Hamilton Bermuda-based company reported third-quarter basic earnings per share of 28 cents, compared with analysts' estimate of 32 cents- LSEG data
** "Its 4Q bookings are looking slightly softer but healthy nonetheless, and breakeven costs per day were lowered slightly," says Jefferies
** Jefferies lowers its fourth-quarter EPS estimate to 24 cents from a previous estimate of 27 cents, with consensus currently at 34 cents
** Co said it entered into agreements to sell two older vessels in Q4 for a total of $56.8 million, witch Jefferies says is below its deal value assessment of $59 million
** Shares of Norwegian oil tanker group Frontline FRO.OL fell 11% after Israel-Hezbollah ceasefire and a 'disappointing' Q3 print
** Up to last close, shares were up 11.3% YTD
Reporting by Joao Manuel Mauricio
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