MONACO (AP) — MONACO (AP) — Scorpio Tankers Inc. (STNG) on Thursday reported second-quarter earnings of $387.5 million.
The company said it had profit of $7.37 per share. Earnings, adjusted for non-recurring gains, came to $4.68 per share.
The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $4.51 per share.
The shipping company posted revenue of $408.7 million in the period. Its adjusted revenue was $391.8 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on STNG at https://www.zacks.com/ap/STNG
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