International Seaways (INSW) Expected to Beat Earnings Estimates: Should You Buy?

Company Overview - International Seaways (INSW) is expected to report a year-over-year decline in earnings, with a projected EPS of $0.70, reflecting a decrease of 67.9$177.66 million, down 29.1% from the same quarter last year [3] Earnings Expectations - The earnings report is scheduled for release on February 27, 2025, and the actual results will significantly influence the stock price depending on whether they meet or exceed expectations [2] - The consensus EPS estimate has been revised down by 40.71% over the last 30 days, indicating a reassessment by analysts [4] Earnings Surprise Prediction - The Most Accurate Estimate for International Seaways is higher than the Zacks Consensus Estimate, resulting in a positive Earnings ESP of +16.19% [10][11] - The company holds a Zacks Rank of 3, suggesting a likelihood of beating the consensus EPS estimate [11] Historical Performance - In the last reported quarter, International Seaways exceeded the expected EPS of $1.42 by delivering$1.57, resulting in a surprise of +10.56% [12] - Over the past four quarters, the company has beaten consensus EPS estimates three times [13] Industry Context - In the Zacks Transportation - Shipping industry, Golden Ocean Group (GOGL) is also expected to report earnings, with an EPS estimate of $0.20, reflecting a year-over-year decline of 37.5$183.58 million, down 6.7% from the previous year [17] - The consensus EPS estimate for Golden Ocean Group has remained unchanged over the last 30 days, resulting in an Earnings ESP of 0.00% [18]