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International Seaways (INSW) Q1 Earnings and Revenues Top Estimates

Group 1 - International Seaways reported quarterly earnings of $0.80 per share, exceeding the Zacks Consensus Estimate of $0.59 per share, but down from $2.92 per share a year ago, representing an earnings surprise of 35.59% [1] - The company posted revenues of $183.39 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 6.17%, compared to year-ago revenues of $274.4 million [2] - International Seaways has surpassed consensus EPS estimates three times over the last four quarters and topped consensus revenue estimates four times during the same period [2] Group 2 - The stock has added about 1.1% since the beginning of the year, while the S&P 500 has declined by 4.3% [3] - The current consensus EPS estimate for the coming quarter is $0.88 on revenues of $183.98 million, and for the current fiscal year, it is $3.65 on revenues of $738.08 million [7] - The Transportation - Shipping industry, to which International Seaways belongs, is currently in the bottom 11% of the Zacks industries, indicating potential challenges ahead [8] Group 3 - Ahead of the earnings release, the estimate revisions trend for International Seaways was unfavorable, resulting in a Zacks Rank 4 (Sell) for the stock, suggesting expected underperformance in the near future [6] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]