Scorpio Tankers (NYSE:STNG) is scheduled to post its quarterly earnings results before the market opens on Wednesday, February 14th. Analysts expect Scorpio Tankers to post earnings of $0.01 per share for the quarter.
Scorpio Tankers (NYSE:STNG) last posted its quarterly earnings results on Thursday, November 16th. The shipping company reported ($0.15) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.11) by ($0.04). The business had revenue of $123.20 million during the quarter, compared to analyst estimates of $129.54 million. Scorpio Tankers had a negative return on equity of 6.47% and a negative net margin of 31.12%. The business’s revenue was up 7.8% on a year-over-year basis. During the same quarter last year, the firm earned ($0.11) EPS. On average, analysts expect Scorpio Tankers to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Scorpio Tankers (NYSE STNG) opened at $2.41 on Wednesday. The company has a debt-to-equity ratio of 1.59, a quick ratio of 0.99 and a current ratio of 1.03. The company has a market cap of $760.59, a price-to-earnings ratio of -3.05 and a beta of 1.29. Scorpio Tankers has a 12 month low of $2.30 and a 12 month high of $4.79.
Scorpio Tankers Company Profile
Scorpio Tankers Inc (Scorpio Tankers) is engaged in the seaborne transportation of refined petroleum products in the international shipping markets. The Company operates through four segments: Handymax, MR, LR1/Panamax and LR2. As of March 15, 2017, the Company’s fleet consisted of 78 owned tankers (22 LR2, 14 Handymax and 42 MR) with a weighted average age of approximately 2.3 years, and 19 time or bareboat chartered-in tankers, which it operated (one LR2, one LR1, eight MR and nine Handymax) (collectively referred to as its Operating Fleet).
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