What's Next: Scorpio Tankers's Earnings Preview
Portfolio Pulse from Benzinga Insights
Scorpio Tankers (NYSE:STNG) is set to release its quarterly earnings on October 29, 2024. Analysts expect an EPS of $2.38. Investors are keen on not just an earnings beat but also positive future guidance. The company's past performance shows mixed reactions to earnings beats. Currently, Scorpio Tankers has a Neutral analyst rating with a price target suggesting a 21.46% upside.
October 28, 2024 | 5:01 pm
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Scorpio Tankers is expected to report an EPS of $2.38. Investors are looking for not just an earnings beat but also positive guidance. The stock has a Neutral rating with a potential 21.46% upside.
The upcoming earnings release is crucial for Scorpio Tankers as investors are not only focused on the EPS but also on the guidance for future growth. The stock has a Neutral rating, but the potential upside of 21.46% indicates positive sentiment. Past performance shows mixed reactions to earnings beats, suggesting that guidance will be a key factor in short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100