Scorpio Tankers turned in a slight beat of analysts’ lowered earnings consensus for the second quarter this morning.
Scorpio’s earnings adjusted for non-recurring items came in at $3.8m or $0.04 per share, slightly better than the Wall Street consensus of $0.03 per share. But the analysts’ estimate had been at $0.09 at the start of July, reflecting cooling expectations for products day rates.
The
