International Seaways (INSW) reported a profit for its first quarter that Increases, from the same period last year
The company's earnings came in at $286.143 million, or $5.75 per share. This compares with $49.565 million, or $1.00 per share, last year.
Excluding items, International Seaways reported adjusted earnings of $194.053 million or $3.90 per share for the period.
The company's revenue for the period rose 77.5% to $325.476 million from $183.394 million last year.
International Seaways earnings at a glance (GAAP) :
-Earnings: $286.143 Mln. vs. $49.565 Mln. last year.-EPS: $5.75 vs. $1.00 last year.-Revenue: $325.476 Mln vs. $183.394 Mln last year.
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.