Scorpio Tankers Inc expected to post earnings of $2.47 a share - Earnings Preview

Scorpio Tankers

31/07/2023 19:31

* Scorpio Tankers Inc  STNG.N   STNG.K  is expected to show
a fall
in quarterly revenue when it reports  results on August 2. 
    * The Monaco Monaco-based   company is expected to report  a
15.9% decrease in revenue to $340.732 million from $405.07
million a year ago, according to the mean estimate from 10
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Scorpio Tankers Inc
is
for earnings of $2.47 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 12 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Scorpio
Tankers
Inc is $74.5​, above​ its last closing price of $45.92. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  3.12        3.25       3.31      Beat    1.9
 Dec. 31 2023  4.59        4.29       4.24      Missed  -1.2
 Sep. 30 2022  3.93        3.95       4.81      Beat    21.7​
 Jun. 30 2022  2.99        2.99       3.13      Beat    4.7
 ​​Mar.        -0.67       -0.66      -0.27     Beat    59.3
 31 2022                                                
 Dec. 31 2021  -0.79       -0.80      -0.79     Beat    1.7​
 Sep. 30 2021  -1.32       -1.25      -1.39     Missed  -10.9
 Jun. 30 2021  -0.97       -0.89      -0.94     Missed  -5.1
 This summary was machine generated July 31 at 18:31 GMT.  All
figures in US dollars  unless otherwise stated