TNG">Scorpio Tankers Inc. (NYSE: STNG) is a prominent player in the shipping industry, specializing in the transportation of refined petroleum products. The company operates a fleet of tankers, providing essential services in the global energy supply chain. As part of the Zacks Transportation - Shipping industry, Scorpio Tankers competes with other major shipping companies, striving to maintain its position in a competitive market.
On February 13, 2025, Scorpio Tankers reported earnings per share (EPS) of $0.63, which fell short of the estimated $0.71. Despite this, the company managed to surpass the Zacks Consensus Estimate of $0.49 per share, achieving an earnings surprise of 28.57%. This performance, however, represents a significant decrease from the $2.75 per share reported in the same quarter a year ago, highlighting a challenging period for the company.
The company's revenue for the quarter was approximately $192.1 million, below the anticipated $224.8 million. This figure also fell short of the Zacks Consensus Estimate by 2.31% and marked a decline from the $334.07 million in revenues from the previous year. Despite this, Scorpio Tankers has exceeded consensus revenue estimates twice in the last four quarters, indicating some resilience in its financial performance.
Scorpio Tankers reported a net income of $68.6 million for the fourth quarter of 2024, translating to $1.48 basic and $1.43 diluted earnings per share. The adjusted net income, excluding certain gains and losses, was $30.3 million, or $0.65 basic and $0.63 diluted earnings per share. The board of directors declared a quarterly cash dividend of $0.40 per share, reflecting the company's commitment to returning value to shareholders.
Financially, Scorpio Tankers maintains a trailing twelve months (TTM) price-to-earnings (P/E) ratio of approximately 3.18, indicating a relatively low valuation compared to its earnings. The company's price-to-sales ratio is about 1.85, and the enterprise value to sales ratio is approximately 2.36. With a debt-to-equity ratio of around 0.32 and a current ratio of about 2.21, Scorpio Tankers demonstrates moderate debt levels and good short-term financial health.
