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Scorpio Tankers (NYSE:STNG) reported its Q2 earnings results on Thursday, July 28, 2022 at 06:30 AM.
Here's what investors need to know about the announcement.
Earnings
Scorpio Tankers beat estimated earnings by 13.0%, reporting an EPS of $3.13 versus an estimate of $2.77.
Revenue was up $265.63 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.39 which was followed by a 0.2% increase in the share price the next day.
Here's a look at Scorpio Tankers's past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.66 | -0.75 | -1.25 | -0.64 |
| EPS Actual | -0.27 | -0.79 | -1.39 | -0.94 |
| Revenue Estimate | 158.98M | 151.10M | 127.38M | 155.89M |
| Revenue Actual | 174.05M | 147.91M | 119.27M | 139.44M |
To track all earnings releases for Scorpio Tankers visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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