Scorpio Tankers Inc., traded on the NYSE as STNG, is a shipping company that provides global transportation solutions. Financial condition of this company can be analyzed through its revenue performance. According to available data for period from February 2021 to February 2023, Scorpio Tankers Inc. have reported total revenue of $5.8 bln and negative earnings per share of -$1.85.
In February 2023, Scorpio Tankers Inc. reported estimated revenues of $4.3 bln and estimated earnings per share (EPS) of $4.74, while actual revenues were negligible and EPS was none. In November 2022, the company had EPS of $4.81 and no reported revenues yet estimated revenues were zero dollars. Moving back to July 2022, Scorpio Tankers Inc. posted positive EPS at $3.13 with reported revenues at $405 mln while estimates were nulled out at zero dollars again. April 2022 witnessed a negative EPS of -$.27 along with zero dollar reveunes while estimates were non-existent too at zero dollars this time round as well. Lastly in February 2022, Scorpio Tankers Inc.’s bottom line was recorded a negative EPS at -$.79 against estimations that showed an EPS of -$.80 but was able to deliver actualreported revenues at $147 mln which slightly exceeds estimated figures at $159 mln for this particular quarter..
Overall, it appears that the financial situation of Scorpio Tankers Inc is quite dire given their recent performance over the past two years where their total revenue has remained stagnant against a backdrop of highly volatile earnings per share which frequently swung between extreme positive and negative values during the same period . This could indicate that there are underlying issues within their operations as none of these changes reflect positively on their bottom line performance which remains in deficit position over an extended period despite cost control initiatives implemented by the management team..
