Scorpio Tankers Inc. Q1 Profit Climbs

(RTTNews) - Scorpio Tankers Inc. (STNG) announced earnings for its first quarter that Increases, from the same period last year

The company's bottom line totaled $216.26 million, or $4.32 per share. This compares with $58.21 million, or $1.22 per share, last year.

Excluding items, Scorpio Tankers Inc. reported adjusted earnings of $150.86 million or $3.02 per share for the period.

The company's revenue for the period rose 46.2% to $312.86 million from $213.98 million last year.

Scorpio Tankers Inc. earnings at a glance (GAAP) :

-Earnings: $216.26 Mln. vs. $58.21 Mln. last year. -EPS: $4.32 vs. $1.22 last year. -Revenue: $312.86 Mln vs. $213.98 Mln last year.