Scorpio Tankers (STNG) Misses Q3 EPS by 2c, Revenues Miss

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

November 5, 2020 6:48 AM EST

MONACO, Nov. 05, 2020 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE: STNG) ("Scorpio Tankers" or the "Company") today reported its results for the three and nine months ended September 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 September 30, 2020 and 2019       

For the three months ended September 30, 2020, the Company had a net loss of $20.2 million, or $0.37 basic and diluted loss per share.  For the three months ended September 30, 2020, the... More