Published on 12 May 2024 on Simply Wall St. via Yahoo Finance
Scorpio Tankers Inc. Just Recorded A 15% EPS Beat: Here's What Analysts Are Forecasting Next
As you might know, Scorpio Tankers Inc. (NYSE:STNG) just kicked off its latest first-quarter results with some very strong numbers. It was overall a positive result, with revenues beating expectations by 2.3% to hit US$390m. Scorpio Tankers reported statutory earnings per share (EPS) US$4.11, which was a notable 15% above what the analysts had forecast. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results.
See our latest analysis for Scorpio Tankers
