A Preview Of Scorpio Tankers's Earnings
Portfolio Pulse from Benzinga Insights
Scorpio Tankers (NYSE:STNG) is anticipated to report a quarterly EPS of $2.63 on February 14, 2024. Analysts and investors are keen on whether the company will surpass this estimate and provide positive guidance for the next quarter. Historically, Scorpio Tankers has shown a mixed reaction to earnings reports, with share price movements varying post-announcement. The stock has seen a 9.83% increase over the last 52 weeks, trading at $68.07 as of February 12.
February 13, 2024 | 4:01 pm
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POSITIVE IMPACT
Scorpio Tankers is expected to report a quarterly EPS of $2.63 on February 14, 2024. Positive performance and guidance could influence the stock positively.
Given Scorpio Tankers' history of stock price reactions to earnings reports and the anticipation of beating EPS estimates, a positive report and guidance could lead to an increase in stock price. The company's past performance, including a recent 9.83% year-over-year increase, supports investor optimism. However, the market's reaction can be unpredictable, hence the confidence score is not at the maximum.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100