Scorpio Tankers Inc expected to post earnings of $3.48 a share - Earnings Preview

Scorpio Tankers

26/07/2024 14:57

* Scorpio Tankers Inc  STNG.N   STNG.K  is expected to show
a rise
in quarterly revenue when it reports  results on July 30 for the
period ending June 30 2024
    * The Monaco Monaco-based   company is expected to report a
11.6% increase in revenue to $367.471 million from $329.3
million a year ago, according to the mean estimate from 11
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Scorpio Tankers Inc is
for
earnings of $3.48 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 had fallen by
about 0.6%
in the last three months. ​
    * Wall Street's median 12-month price target for Scorpio
Tankers
Inc is $92.00​, above​ its last closing price of $73.46. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   3.63        3.67       3.97      Beat    8.1
 Dec. 31 0001  2.60        2.63       2.75      Beat    4.4
 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.        3.12        3.25       3.31      Beat    1.9
 31 2023                                                
 Dec. 31 2022  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
 This summary was machine generated July 26 at 13:57 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)