Coffee Sipping Big Board Stocks

[timhyma]

Scorpio Tankers Inc. (STNG)
4.08+0.52 (+14.61 %)
As of 9:40AM EST. Market open.


Scorpio Tankers Inc. (STNG) on Monday reported a fourth-quarter loss of $29.7 million, after reporting a profit in the same period a year earlier.
The company said it had a loss of 18 cents per share.
The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of 20 cents per share.
The shipping company posted revenue of $106.1 million in the period, also exceeding Street forecasts. Four analysts surveyed by Zacks expected $105.3 million.
For the year, the company reported a loss of $24.9 million, or 15 cents per share, swinging to a loss in the period. Revenue was reported as $522.7 million.
The company's shares closed at $3.58. A year ago, they were trading at $4.81.