International Seaways (INSW) Misses Q4 EPS by 36c, Misses on Revenue

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Go back to International Seaways (INSW) Misses Q4 EPS by 36c, Misses on Revenue

International Seaways Reports Fourth Quarter and Full Year 2024 Results

February 27, 2025 6:45 AM EST

NEW YORK--(BUSINESS WIRE)-- International Seaways, Inc. (NYSE: INSW) (the Company, Seaways, or INSW), one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products, today reported results for the fourth quarter and full year of 2024.

HIGHLIGHTS & RECENT DEVELOPMENTS

Annual and Quarterly Results:

Net income for the fourth quarter was $36 million, or $0.72 per diluted share. Net income for the full year of 2024 was $417 million, or $8.38 per diluted share. Adjusted net income(1), defined as net income excluding special items, for the fourth... More