Recap: Scorpio Tankers Q2 Earnings - Scorpio Tankers (NYSE:STNG)

Scorpio Tankers 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.

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.

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.