Scorpio Tankers (NYSE: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.
