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Scorpio Tankers Posts $4.60 Q3 GAAP EPS, Beating Estimates by $2.48

Revenue rose 6.9% year over year to $249.04 million, beating estimates by $6.22 million.

A tanker advances through a quiet port channel at dawn / TokenPost.ai
A tanker advances through a quiet port channel at dawn / TokenPost.ai

Scorpio Tankers Inc. posted third-quarter GAAP earnings of $4.60 per share, topping estimates by $2.48 as revenue climbed 6.9% year over year to $249.04 million.

Revenue exceeded estimates by $6.22 million.

Scorpio shares rose 2.2% in premarket trading Wednesday.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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