Earnings Summary

International Seaways, Inc.’s revenue jumped 55.26% since last year same period to $292.2Mn in the Q2 2023. On a quarterly growth basis, International Seaways, Inc. has generated 960.55% jump in its revenue since last 3-months.

International Seaways, Inc.’s net profit jumped 122.73% since last year same period to $153.76Mn in the Q2 2023. On a quarterly growth basis, International Seaways, Inc. has generated -10.93% fall in its net profits since last 3-months.

International Seaways, Inc.’s net profit margin jumped 43.45% since last year same period to 52.62% in the Q2 2023. On a quarterly growth basis, International Seaways, Inc. has generated -91.6% fall in its net profit margins since last 3-months.

International Seaways, Inc.’s earning per share (EPS) estimates for the current quarter stand at 3.37 - a 36.99% jump from last quarter’s estimates.

International Seaways, Inc.’s earning per share (EPS) estimates for the current year stand at 3.37.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. International Seaways, Inc.’s return on assets (ROA) stands at 0.17.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. International Seaways, Inc.’s return on equity (ROE) stands at 0.46.

International Seaways, Inc. declared 2 dividend per share during the earnings announcement for Q1 2023.