Scorpio Tankers: Q3 Earnings Snapshot

MONACO (AP) — MONACO (AP) — Scorpio Tankers Inc. (STNG) on Wednesday reported third-quarter net income of $224.3 million.

On a per-share basis, the company said it had net income of $4.60. Earnings, adjusted for non-recurring gains, came to $2.49 per share.

The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.83 per share.

The shipping company posted revenue of $266.5 million in the period. Its adjusted revenue was $249.1 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