Scorpio Tankers (STNG) Tops Q1 EPS by 5c

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Go back to Scorpio Tankers (STNG) Tops Q1 EPS by 5c

Scorpio Tankers Inc. Announces Financial Results for the First Quarter of 2023 and an Increase to its Quarterly Dividend

May 2, 2023 6:45 AM EDT

MONACO, May 02, 2023 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE: STNG) ("Scorpio Tankers" or the "Company") today reported its results for the three months ended March 31, 2023. The Company also announced that its board of directors (the "Board of Directors") has declared a quarterly cash dividend of $0.25 per common share.

Results for the three months ended March 31, 2023 and 2022

For the three months ended March 31, 2023, the Company had net income of $193.2 million, or $3.40 basic and $3.27 diluted earnings per share.

For the three... More