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

Scorpio Tankers

02/05/2023 14:32

* Scorpio Tankers Inc  STNG.N  reported quarterly adjusted
earnings of $3.31​​ per share for the quarter ended in March.
The mean expectation of ten analysts for the quarter was
for earnings of $3.22 per share.
    * Revenue rose 120.9% to $384.43 million from a year ago;
analysts
expected $391.64 million. 
    * Scorpio Tankers Inc's reported EPS for the quarter was
$3.27​.
    * The mean earnings estimate of analysts had fallen by
about 0.8%
in the last three months.​ 
    * In the last 30 days, six analysts negatively revised
earnings
estimates 
    * Scorpio Tankers Inc shares had fallen by 8.7% this
quarter and
lost 4.4% so far this year.
    * The company reported quarterly net income of $193.24
million.
    * Wall Street's median 12-month price target for Scorpio
Tankers
Inc is $75.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
2 at 01:32 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      3.22           3.31           Beat
 Dec. 31 2022      4.29           4.24           Missed
 Sep. 30 2022      3.95           4.81           Beat
 Jun. 30 2022      2.99           3.13           Beat