International Seaways INSW reported its Q2 earnings results on Tuesday, August 9, 2022 at 06:45 AM.
Here's what investors need to know about the announcement.
Earnings
International Seaways beat estimated earnings by 20.17%, reporting an EPS of $1.43 versus an estimate of $1.19.
Revenue was up $141.89 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.03 which was followed by a 1.21% drop in the share price the next day.
Here's a look at International Seaways's past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.31 | -0.36 | -0.77 | -0.48 |
| EPS Actual | -0.28 | -0.57 | -0.63 | -0.51 |
| Revenue Estimate | 96.75M | 102.60M | 77.97M | 47.44M |
| Revenue Actual | 101.48M | 94.67M | 84.82M | 46.30M |
To track all earnings releases for International Seaways visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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