International Seaways: Q1 Earnings Insights

International Seaways INSW reported its Q1 earnings results on Friday, May 5, 2023 at 06:45 AM.

Here's what investors need to know about the announcement.

International Seaways beat estimated earnings by 15.14%, reporting an EPS of $3.27 versus an estimate of $2.84.

Revenue was up $185.65 million from the same period last year.

Last quarter the company beat on EPS by $0.57 which was followed by a 0.33% drop in the share price the next day.

Here's a look at International Seaways's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	3.64	2.47	1.19	-0.31
EPS Actual	4.21	2.28	1.43	-0.28
Revenue Estimate	310.01M	238.55M	180.33M	96.75M
Revenue Actual	338.16M	236.83M	188.20M	101.48M

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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