Benzinga | Aug 6, 2020 07:42AM EDT

Scorpio Tankers Q2 Adj. EPS $2.40 Misses $2.88 Estimate, Sales $346.24M Miss $371.26M Estimate

Scorpio Tankers (NYSE:STNG) reported quarterly earnings of $2.40 per share which missed the analyst consensus estimate of $2.88 by 16.67 percent. This is a 487.1 percent increase over losses of $(0.62) per share from the same period last year. The company reported quarterly sales of $346.24 million which missed the analyst consensus estimate of $371.26 million by 6.74 percent. This is a 129.59 percent increase over sales of $150.81 million the same period last year.