International Seaways (NYSE:INSW) reported its Q4 earnings results on Wednesday, March 2, 2022 at 06:45 AM.
Here's what investors need to know about the announcement.
Earnings
International Seaways missed estimated earnings by 58.33%, reporting an EPS of $-0.57 versus an estimate of $-0.36.
Revenue was up $37.97 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.14 which was followed by a 6.72% drop in the share price the next day.
Here's a look at International Seaways's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | -0.77 | -0.48 | -0.55 | -0.19 |
| EPS Actual | -0.63 | -0.51 | -0.48 | -0.52 |
| Revenue Estimate | 77.97M | 47.44M | 48.84M | 62.02M |
| Revenue Actual | 84.82M | 46.30M | 46.76M | 56.70M |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
