Scorpio Tankers (STNG) Misses Q2 EPS by 48c, Revenues Miss

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Go back to Scorpio Tankers (STNG) Misses Q2 EPS by 48c, Revenues Miss

Scorpio Tankers Inc. Announces Financial Results for the Second Quarter of 2020 and Declaration of a Quarterly Dividend

August 6, 2020 6:44 AM EDT

MONACO, Aug. 06, 2020 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE: STNG) ("Scorpio Tankers" or the "Company") today reported its results for the three and six months ended June 30, 2020.  The Company also announced that its Board of Directors has declared a quarterly cash dividend of $0.10 per share on the Companys common stock.

Results for the three months ended June 30, 2020 and 2019

For the three months ended June 30, 2020, the Company had net income of $143.9 million, or $2.63 basic and $2.40 diluted earnings per share.  For the three months ended June 30,... More