Scorpio Tankers (STNG) Tops Q2 EPS by 8c

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Go back to Scorpio Tankers (STNG) Tops Q2 EPS by 8c

Scorpio Tankers Inc. Announces Financial Results for the Second Quarter of 2015, Agreements for Four Newbuilding Contracts, and Declaration of a Quarterly Dividend

July 29, 2015 8:02 AM EDT

MONACO -- (Marketwired) -- 07/29/15 -- Scorpio Tankers Inc. (NYSE: STNG) ("Scorpio Tankers," or the "Company") today reported its results for the three and six months ended June 30, 2015.

Results for the three months ended June 30, 2015 and 2014

For the three months ended June 30, 2015, the Company's adjusted net income was $57.5 million, or $0.35 basic and $0.32 diluted earnings per share, which excludes an unrealized gain on derivative financial instruments of $0.1 million, or $0.00 per basic and diluted shares (see non-GAAP Measures section below). For the three months ended June 30, 2015, the Company had net income of $57.6... More