Scorpio Tankers: Q1 Earnings Insights

 

Scorpio Tankers STNG reported its Q1 earnings results on Thursday, April 28, 2022 at 06:30 AM.

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

Earnings

Scorpio Tankers beat estimated earnings by 59.09%, reporting an EPS of $-0.27 versus an estimate of $-0.66.

Revenue was up $39.88 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.04 which was followed by a 3.92% increase in the share price the next day.

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

 

Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021
EPS Estimate -0.75 -1.25 -0.64 -0.99
EPS Actual -0.79 -1.39 -0.94 -1.05
Revenue Estimate 151.10M 127.38M 155.89M 141.46M
Revenue Actual 147.91M 119.27M 139.44M 134.16M

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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