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Scorpio Tankers: Q1 Earnings Snapshot

MONACO (AP) — MONACO (AP) — Scorpio Tankers Inc. (STNG) on Tuesday reported first-quarter earnings of $216.3 million.

On a per-share basis, the company said it had net income of $4.32. Earnings, adjusted for non-recurring gains, were $3.02 per share.

The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $2.73 per share.

The shipping company posted revenue of $312.9 million in the period. Its adjusted revenue was $303 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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