Scorpio Tankers Inc. Announces Financial Results for the Third Quarter of 2016 and Declaration of a Quarterly Dividend

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Deutsche Bank Downgrades Scorpio Tankers (STNG) to Hold

November 15, 2016 7:05 AM EST

Deutsche Bank downgraded Scorpio Tankers (NYSE: STNG) from Buy to Hold with a price target of $4.00 (from $9.00).

Analyst Amit Mehrotra said, "The revisions reflect an over 10% decline in asset values over the last six months and further deterioration in operating cash... More

Scorpio Tankers (STNG) Misses Q3 EPS by 1c

November 14, 2016 7:56 AM EST

Scorpio Tankers (NYSE: STNG) reported Q3 EPS of ($0.11), $0.01 worse than the analyst estimate of ($0.10). Revenue for the quarter came in at $114.34 million versus the consensus estimate of $117.83 million.

For earnings history and earnings-related data on Scorpio Tankers (STNG) click here.

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