Scorpio Tankers: Q3 Earnings Insights

Scorpio Tankers (NYSE: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.

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.

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.