Scorpio Tankers (STNG) Q1 Earnings and Revenues Surpass Estimates

Core Viewpoint - Scorpio Tankers reported quarterly earnings of $1.03 per share, exceeding the Zacks Consensus Estimate of $0.71 per share, but down from $3.97 per share a year ago, indicating a significant earnings surprise of 45.07% [1][2] Financial Performance - The company achieved revenues of $204.2 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 3.56%, but down from $389.76 million year-over-year [2] - Over the last four quarters, Scorpio Tankers has exceeded consensus EPS estimates four times and topped consensus revenue estimates twice [2] Stock Performance - Scorpio Tankers shares have declined approximately 24.2% since the beginning of the year, contrasting with the S&P 500's decline of 5.3% [3] - The current consensus EPS estimate for the upcoming quarter is $0.85 on revenues of $200.46 million, and for the current fiscal year, it is $4.54 on revenues of $886.03 million [7] Industry Outlook - The Transportation - Shipping industry, to which Scorpio Tankers belongs, is currently ranked in the bottom 9% of over 250 Zacks industries, indicating potential challenges ahead [8] - The performance of Scorpio Tankers may be influenced by the overall industry outlook, as research shows that the top 50% of Zacks-ranked industries outperform the bottom 50% by more than 2 to 1 [8]