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Scorpio Tankers: Q4 Earnings Snapshot

MONACO (AP) — MONACO (AP) — Scorpio Tankers Inc. (STNG) on Thursday reported fourth-quarter net income of $128.1 million.

The company said it had net income of $2.59 per share. Earnings, adjusted for non-recurring gains, were $1.62 per share.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.37 per share.

The shipping company posted revenue of $252.7 million in the period. Its adjusted revenue was $241.4 million.

For the year, the company reported profit of $344.3 million, or $7.03 per share. Revenue was reported as $901.3 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on STNG at https://www.zacks.com/ap/STNG

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Jetting off soon for summer travels? If you're planning on bringing an extra battery charger for your phone or other devices, be aware of the latest rules when taking one on a flight. Rechargeable lithium-ion portable battery chargers, also known as power banks, come in protective enclosures of various shapes and sizes. They're a handy and popular way for getting more juice when you're on the move. But after a spate of smoke or fire incidents, U.S. and international aviation authorities have issued new guidelines and airlines have tightened up rules for passengers. Here's a guide on flying with power banks.
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