Scorpio Tankers: Q3 Earnings Insights

Scorpio Tankers: Q3 Earnings Insights

Scorpio Tankers STNG reported its Q3 earnings results on Tuesday, November 1, 2022 at 07:27 AM.

Here's what investors need to know about the announcement.

Earnings

Scorpio Tankers beat estimated earnings by 9.72%, reporting an EPS of $4.29 versus an estimate of $3.91.

Revenue was up $370.73 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.36 which was followed by a 0.28% drop in the share price the next day.

Here's a look at Scorpio Tankers's past performance:

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 2.77 -0.66 -0.75 -1.25
EPS Actual 3.13 -0.27 -0.79 -1.39
Revenue Estimate 337.88M 158.98M 151.10M 127.38M
Revenue Actual 405.07M 174.05M 147.91M 119.27M

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.

Posted In: BZI-RecapsEarnings