Scorpio Tankers Inc expected to post earnings of $3.67 a share - Earnings Preview

Scorpio Tankers

07/05/2024 18:14

* Scorpio Tankers Inc  STNG.N   STNG.K  is expected to show
a fall
in quarterly revenue when it reports  results on May 9 for the
period ending March 31 2024
    * The Monaco Monaco-based   company is expected to report a
0.5% decrease in revenue to $382.584 million from $384.43
million a year ago, according to the mean estimate from 10
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Scorpio Tankers Inc is
for
earnings of $3.67 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 $83.00​, above​ its last closing price of $72.00. ​​​

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   2.60        2.63       2.75      Beat    4.4
 Sep. 30 0001  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.        4.59        4.29       4.24      Missed  -1.2
 31 2022                                                
 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. 31 2022  -0.67       -0.66      -0.27     Beat    59.3
 This summary was machine generated May 7 at 17:14 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)