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Scorpio Tankers Q1 Adjusted Net Income, Revenue Rise
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Scorpio Tankers Q1 Adjusted Net Income, Revenue Rise
May 9, 2024 4:40 AM

07:26 AM EDT, 05/09/2024 (MT Newswires) -- Scorpio Tankers ( SBBA ) reported Q1 adjusted net income Thursday of $3.97 per diluted share, up from $3.31 a year earlier.

Analysts polled by Capital IQ expected $3.63.

Revenue for the quarter ended March 31 was $391.3 million, up from $384.4 million a year earlier.

Analysts surveyed by Capital IQ expected $381.1 million.

The company said its board maintained a cash dividend of $0.40 per share, payable on June 28 to shareholders on record as of June 14.

Price: 75.70, Change: +0.27, Percent Change: +0.36

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