Scorpio Tankers Inc reports results for the quarter ended June 30 - Earnings Summary
Scorpio Tankers Inc reports results for the quarter ended June 30 - Earnings Summary
Scorpio Tankers Inc STNG.N reported quarterly adjusted earnings of $4.68 per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $1.41. The mean expectation of eleven analysts for the quarter was for earnings of $5.03 per share. Wall Street expected results to range from $3.86 to $6.98 per share.
Revenue rose 77.5% to $408.73 million from a year ago; analysts expected $419.29 million.
Scorpio Tankers Inc's reported EPS for the quarter was $7.37.
The company reported quarterly net income of $387.54 million.
Scorpio Tankers Inc shares had risen by 13.4% this quarter and gained 54.5% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 102.5% in the last three months.
In the last 30 days, five analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy," 2 "hold" and 1 "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 $97.50, about 19.5% above its last closing price of $78.53
This summary was machine generated from LSEG data July 30 at 03:47 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 |
Jun. 30 2026 | 5.03 | 4.68 | Missed |
Mar. 31 2026 | 2.54 | 3.02 | Beat |
Dec. 31 2025 | 1.58 | 1.62 | Beat |
Sep. 30 2025 | 1.34 | 1.49 | Beat |
Recent news on Scorpio Tankers
See all newsBrief: Scorpio Tankers Inc. Announces Agreements To Sell Three Product Tankers And Purchase Four Newbuilding Vessels
Scorpio Tankers Inc reports results for the quarter ended June 30 - Earnings Summary
Scorpio Tankers Q2 profit misses estimates
Brief: Scorpio Tankers Inc. Announces Agreements To Sell Four Lr2 Product Tankers, A Letter Of Intent To Purchase Two Newbuilding Mrs And Its Intention To Repay All Secured Debt Due 2028
Brief: Scorpio Tankers Announces Closing Of Convertible Senior Notes Due 2031 And Concurrent Stock Repurchase