International Seaways Inc (INSW) reported better-than-expected financial results for the third quarter of fiscal 2025. The company's earnings per share (EPS) reached $1.15, surpassing Wall Street's consensus estimate of $0.95 by $0.20. Revenue for the quarter was $0.2 billion, aligning with analysts' expectations.
The announcement highlights International Seaways' operational resilience in the energy sector, where it engages in the transportation of crude oil and petroleum products. The firm operates a fleet of approximately 84 vessels, including 11 VLCCs and 41 MR tankers, and employs 2,824 full-time staff. The company's market capitalization stands at $2.63 billion, with a price-to-earnings ratio of 11.02 and a trailing EPS of 4.81.
To discuss these results further, International Seaways will host an earnings conference call at BMO. This update provides insight into the company's recent performance and its financial health. Investors are encouraged to review the full earnings release and management commentary for additional context regarding the quarter's results and future outlook.
Looking ahead, the company is set to announce its next earnings on August 3, 2026, with an EPS estimate of 1.481 and revenue projected at $0.2 billion.