International Seaways Reports Third Quarter 2024 Results
International Seaways, Inc. (INSW)
Last international seaways, inc. earnings: 3/3 06:00 am
Check Earnings Report
US:NASDAQ Investor Relations:
intlseas.com/corporateprofile
Company Research
Source: Business Wire
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 third quarter 2024.HIGHLIGHTS & RECENT DEVELOPMENTSQuarterly Results:Net income for the third quarter of 2024 was $92 million, or $1.84 per diluted share.Adjusted net income(1) for the third quarter of 2024 was $78 million, or $1.57 per diluted share.Adjusted EBITDA(1) for the third quarter of 2024 was $130 million.Robust Balance Sheet:Total liquidity was approximately $694 million as of September 30, 2024, including total cash (1) of $153 million and $541 million undrawn revolving credit capacity.Repaid $50 million on the Company’s $500 million RCF, increasing undrawn revolver capacity.Net loan-to-value remained historically low at approximately 13.5% as of September 30, 2024.Fleet Optimization Program:Sold a 2008-built M
Show less
Read more
Impact Snapshot
Event Time:
INSW
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
INSW alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
INSW alerts
High impacting International Seaways, Inc. news events
Weekly update
A roundup of the hottest topics
INSW
News
- International Seaways Inc (INSW) Q3 2024 Earnings Call Highlights: Strong Financial Performance ... [Yahoo! Finance]Yahoo! Finance
- International Seaways, Inc. 2024 Q3 - Results - Earnings Call Presentation [Seeking Alpha]Seeking Alpha
- International Seaways, Inc. (NYSE: INSW) had its "buy" rating re-affirmed by analysts at Jefferies Financial Group Inc.. They now have a $66.00 price target on the stock.MarketBeat
- International Seaways Non-GAAP EPS of $1.57 misses by $0.07, revenue of $225.1M beats by $4.1M [Seeking Alpha]Seeking Alpha
- International Seaways to Announce Third Quarter 2024 Results on November 7, 2024Business Wire
INSW
Earnings
- 11/7/24 - Beat
INSW
Sec Filings
- 11/12/24 - Form SC
- 11/7/24 - Form 10-Q
- 11/7/24 - Form 8-K
- INSW's page on the SEC website