Recap: International Seaways Q2 Earnings

Recap: International Seaways Q2 Earnings

 

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.

Posted In: BZI-RecapsEarnings