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

Scorpio Tankers

16/02/2023 14:32

* Scorpio Tankers Inc  STNG.N  reported quarterly adjusted
earnings of $4.74​​ per share for the quarter ended in December.
The mean expectation of nine analysts for the quarter was
for earnings of $4.29 per share.
    * Revenue rose 233.8% to $493.72 million from a year ago;
analysts
expected $453.49 million. 
    * Scorpio Tankers Inc's reported EPS for the quarter was
$4.74​.
    * The mean earnings estimate of analysts had risen by
about 10.9%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * Scorpio Tankers Inc shares had risen by 13.5% this
quarter.
    * The company reported quarterly net income of $264.4
million.
    * Wall Street's median 12-month price target for Scorpio
Tankers
Inc is $64.55 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
16 at 02:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      4.29           4.74           Beat
 Sep. 30 2022      3.95           4.81           Beat
 Jun. 30 2022      2.99           3.13           Beat
 Mar. 31 2022      -0.66          -0.27          Beat