How did STNG's Q1 2025 EPS forecast compare to past trends?

STNG's Q1 2025 EPS forecast of $0.71 per share, representing a year-over-year change of -74.2%, indicates a significant decline from the previous year's earnings. This trend is consistent with the overall expectations for the shipping industry, which is facing challenges such as lower revenues and reduced profitability. 1. **Comparison to Historical Trends**: Scorpio Tankers has experienced a volatile earnings trajectory, with a notable decline in EPS from the previous year's $2.75 to the current forecasted $0.71, a decrease of approximately 74.2%. This substantial drop reflects the broader industry pressures and suggests a challenging outlook for the company. 2. **Industry Context**: The shipping industry, including Scorpio Tankers, has been affected by various factors such as oversupply, low demand, and fluctuating oil prices. These factors have led to a decline in revenues and profitability for many companies in the sector. 3. **Market Expectations**: The market expects Scorpio Tankers to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended December 2024. This expectation of a significant earnings decline is a result of the industry's challenging environment and reflects broader market concerns. In conclusion, Scorpio Tankers' Q1 2025 EPS forecast is significantly lower than past periods, reflecting the current challenges in the shipping industry. The forecast of a -74.2% year-over-year decline in EPS underscores the company's struggle to maintain profitability in an unfavorable market environment.