International Seaways (NYSE:INSW) reported its Q1 earnings results on Wednesday, May 4, 2022 at 06:45 AM.
Here's what investors need to know about the announcement.
Earnings
International Seaways beat estimated earnings by 9.68%, reporting an EPS of $-0.28 versus an estimate of $-0.31.
Revenue was up $54.73 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.21 which was followed by a 0.61% increase in the share price the next day.
Here's a look at International Seaways's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.36 | -0.77 | -0.48 | -0.55 |
| EPS Actual | -0.57 | -0.63 | -0.51 | -0.48 |
| Revenue Estimate | 102.60M | 77.97M | 47.44M | 48.84M |
| Revenue Actual | 94.67M | 84.82M | 46.30M | 46.76M |
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.
