International Seaways' Q4 Adjusted Earnings, Revenue Fall

MT Newswires Live

02/27

International Seaways (INSW) reported Q4 adjusted earnings Thursday of $0.90 per diluted share, down from $2.18 a year earlier.

Analysts polled by FactSet expected $0.84.

Revenue for the quarter ended Dec. 31 was $194.6 million compared with $250.7 million a year earlier.

Analysts surveyed by FactSet expected $171.9 million.

Shares were 1.6% higher in recent premarket activity.

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