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Scorpio Tankers (STNG) Q3 Earnings and Revenues Beat Estimates

Scorpio Tankers (STNG) came out with quarterly earnings of 1.49pershare,beatingtheZacksConsensusEstimateof1.49 per share, beating the Zacks Consensus Estimate of 1.39 per share. This compares to earnings of 1.75pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof+7.191.75 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +7.19%. A quarter ago, it was expected that this shipping company would post earnings of 1.03 per share when it actually produced earnings of $1.41, delivering a surprise of +36.89%.Over the last four quarters, th ...