Scorpio Tankers to Release Q2 2024 Earnings on July 29

Monday, 29 July 2024, 17:39
Scorpio Tankers (STNG) is preparing to report its Q2 earnings on July 29. Analysts predict an earnings per share (EPS) of $3.55, reflecting a significant year-over-year increase of 47.3%. Additionally, revenue is anticipated to reach $372.88 million, marking a 13.2% rise from the previous year. Investors should closely observe these figures as they may indicate the company's robust performance in the current market landscape.
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Scorpio Tankers to Release Q2 2024 Earnings on July 29

Scorpio Tankers Q2 2024 Earnings Overview

Scorpio Tankers (STNG) is set to announce its earnings for the second quarter on July 29, 2024. Analysts have estimated an earnings per share (EPS) of $3.55, marking a substantial increase of 47.3% compared to the same period last year.

Revenue Expectations

  • Estimated Revenue: $372.88 million
  • Year-over-Year Growth: 13.2%

This anticipated growth in revenue and EPS could signal strong market positioning for Scorpio Tankers. Investors are encouraged to monitor these results as they are released.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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