What to expect from Scorpio Tankers’s (STNG) Q3 earnings
Scorpio Tankers (STNG) reports Q3 earnings on Wednesday. Last quarter, it met revenue expectations at $391.8M, up 75.9% YoY, but had 14.6% fewer vessels. Analysts expect 4.3% revenue growth YoY this quarter. Peers CSX and Ryder beat estimates, with CSX up 6.8% and Ryder up 12.7% post-earnings. STNG shares are up 4.6% in a month, with an average price target of $100.90.




