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Scorpio Tankers Q2 Adjusted Earnings, Revenue Rise
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Scorpio Tankers Q2 Adjusted Earnings, Revenue Rise
Jul 30, 2024 6:21 AM

08:54 AM EDT, 07/30/2024 (MT Newswires) -- Scorpio Tankers ( SBBA ) reported Q2 adjusted earnings Tuesday of $3.60 per diluted share, up from $2.41 a year earlier.

Analysts surveyed by Capital IQ expected $3.54.

Vessel revenue for the quarter ended June 30 was $380.7 million, up from $329.3 million a year earlier.

Analysts surveyed by Capital IQ expected $372.4 million.

The company maintained its quarterly dividend of $0.40 per share, payable Sept. 13 to shareholders of record on Aug. 15.

Scorpio Tankers ( SBBA ) shares were up 1.4% in Tuesday premarket activity.

Price: 75.50, Change: +1.02, Percent Change: +1.37

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