Scorpio Tankers Inc expected to post earnings of $2.63 a share - Earnings Preview

Scorpio Tankers

12/02/2024 14:43

* Scorpio Tankers Inc  STNG.N   STNG.K  is expected to show
a fall
in quarterly revenue when it reports  results on February 14 for
the period ending December 31 2023
    * The Monaco Monaco-based   company is expected to report a
32.2% decrease in revenue to $334.982 million from $493.72
million a year ago, according to the mean estimate from 12
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Scorpio Tankers Inc is
for
earnings of $2.63 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 13 "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 $79.00​, above​ its last closing price of $65.81. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  1.56        1.53       1.91      Beat    25.2
 Jun. 30 2023  2.36        2.47       2.41      Missed  -2.6
 Mar. 31 2023  3.12        3.25       3.31      Beat    1.9​
 Dec. 31 2022  4.59        4.29       4.24      Missed  -1.2
 ​​Sep.        3.93        3.95       4.81      Beat    21.7
 30 2022                                                
 Jun. 30 2022  2.99        2.99       3.13      Beat    4.7​
 Mar. 31 2022  -0.67       -0.66      -0.27     Beat    59.3
 Dec. 31 2021  -0.79       -0.80      -0.79     Beat    1.7
 This summary was machine generated February 12 at 14:43 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)