Payload Logo

International Seaways: Q3 Earnings Snapshot

By AP News
Published

NEW YORK (AP) — NEW YORK (AP) — International Seaways, Inc. (INSW) on Tuesday reported third-quarter earnings of $97.9 million.

The New York-based company said it had profit of $1.99 per share.

The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.68 per share.

The company posted revenue of $241.7 million in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $218 million.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on INSW at https://www.zacks.com/ap/INSW

📬 Sign up for the Daily Brief

Our free, fast and fun briefing on the global economy, delivered every weekday morning.