Scorpio Tankers (STNG) Q2 Earnings and Revenues Beat Estimates

This quarterly report represents an earnings surprise of 2.27%. A quarter ago, it was expected that this shipping company would post earnings of $3.72 per share when it actually produced earnings of $3.97, delivering a surprise of 6.72%. Scorpio Tankers, which belongs to the Zacks Transportation - Shipping industry, posted revenues of $373.47 million for the quarter ended June 2024, surpassing the Zacks Consensus Estimate by 0.65%. This compares to year-ago revenues of $327.56 million. The company has toppe ...