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STNG — Scorpio Tankers News Story

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Scorpio Tankers Inc reports results for the quarter ended December 31 - Earnings Summary

* Scorpio Tankers Inc  STNG.N  reported quarterly adjusted
earnings of 63 cents​​ per share for the quarter ended December
31, lower than the same quarter last year, when the company
reported EPS of $2.75.  The mean expectation of twelve analysts
for the quarter was for earnings of 94 cents per share. Wall
Street expected results to range from 49 cents to $1.62 per
share.
    * Revenue fell 39.4% to $203.97 million from a year ago;
analysts
expected $219.19 million. 
    * Scorpio Tankers Inc's reported EPS for the quarter was
$1.43​.
    * The company reported quarterly net income of $68.56
million.
    * Scorpio Tankers Inc shares had fallen by 3.7% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 37.2%
in the last three months.​ 
    * In the last 30 days, six analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the oil & gas
transportation services peer group is also "buy"

Wall Street's median 12-month price target for Scorpio Tankers
Inc is $75.00 
This summary was machine generated from LSEG data February 13 at
02:31 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.94           0.63           Missed
 Sep. 30 2024      2.10           1.75           Missed
 Jun. 30 2024      3.48           3.60           Beat
 Mar. 31 2024      3.67           3.97           Beat

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