Scorpio Tankers (STNG) Misses Q3 EPS by 1c

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

November 14, 2016 6:45 AM EST

MONACO -- (Marketwired) -- 11/14/16 -- Scorpio Tankers Inc. (NYSE: STNG) ("Scorpio Tankers," or the "Company") today reported its results for the three and nine months ended September 30, 2016 and declaration of a quarterly dividend.

Results for the three months ended September 30, 2016 and 2015

For the three months ended September 30, 2016, the Company's adjusted net loss (see Non-IFRS Measures section below) was $18.3 million, or $0.11 basic and diluted loss per share, which excludes from net loss (i) an aggregate write-off of $9.0 million of deferred financing fees and (ii) a $0.2 million unrealized gain on... More