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Scorpio Tankers (STNG)
NYSE:STNG
Earnings Data
Report Date
May 08, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.87Last Year’s EPS
3.97Same Quarter Last Year
Moderate Buy
Based on 6 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 12, 2025
|% Change Since: -11.37%
|Next Earnings Date:May 08, 2025
Earnings Call Sentiment|Neutral
Scorpio Tankers reported a strong financial performance with significant debt reduction and shareholder returns. However, geopolitical uncertainties and market volatility pose challenges. Operational efficiencies and strategic investments provide a positive outlook.Company Guidance
During the Scorpio Tankers Fourth Quarter 2024 Conference Call, the company provided comprehensive guidance on various financial and operational metrics. For the fourth quarter, Scorpio Tankers generated $105 million in adjusted EBITDA and $30 million in adjusted net income, while for the full year 2024, they achieved $842 million in adjusted EBITDA and $513 million in adjusted net income. The company significantly reduced its indebtedness by $740 million and improved its liquidity position to $1.3 billion, including $531 million in cash and $788 million in undrawn revolving capacity. Operationally, they completed special surveys and dry docking of fifty-four vessels, optimizing fleet efficiency and reducing repositioning costs. Additionally, Scorpio Tankers sold twelve older vessels, enhancing their fleet's age profile. The company returned $419 million to shareholders, split between $336 million in share repurchases and $84 million in dividends. Scorpio Tankers remains focused on maintaining financial flexibility, with low leverage and strong liquidity, and is strategically poised for future opportunities.Strong Financial Performance
Scorpio Tankers generated $842 million in adjusted EBITDA and $513 million in adjusted net income for the full year 2024.
Debt Reduction and Liquidity
The company reduced its indebtedness by $740 million, resulting in a liquidity position of over $1.3 billion.
Shareholder Returns
Returned $419 million to shareholders through $336 million in share repurchases and $84 million in dividends.
Operational Efficiency
Completed special surveys and dry docking for fifty-four vessels, enhancing operational efficiency.
Strategic Investments
Increased stake in crude tanker company DHT, viewing it as an attractive investment.
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STNG Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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STNG Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 12, 2025 | $47.86 | $44.66 | -6.69% |
| Oct 29, 2024 | $60.49 | $58.87 | -2.68% |
| Jul 30, 2024 | $73.51 | $75.87 | +3.21% |
| May 09, 2024 | $74.07 | $75.37 | +1.76% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Scorpio Tankers (STNG) report earnings?
Scorpio Tankers (STNG) is schdueled to report earning on May 08, 2025, TBA Not Confirmed.
What is Scorpio Tankers (STNG) earnings time?
Scorpio Tankers (STNG) earnings time is at May 08, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is STNG EPS forecast?
STNG EPS forecast for the fiscal quarter 2025 (Q1) is 0.87.
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