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Investing.com - International Seaways reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
International Seaways announced earnings per share of $2.29 on revenue of $234.55M. Analysts polled by Investing.com EPS of $2.11 on revenue of $212.53M.
International Seaways 's are down 35% and is trading at $45.60 , still down 2.96% from its 52 week high of $46.99 set on Tuesday, November 8, 2022.
International Seaways shares gained 2.15% to trade at $45.60 in intra-day trade the report.
International Seaways follows other major Energy sector earnings this month
International Seaways's report follows an earnings beat by Exxon Mobil on Friday, October 28, 2022, who reported EPS of $4.45 on revenue of $112.07B, EPS of $3.67 on revenue of $107.24B.
Chevron had beat expectations on Friday, October 28, 2022 with third quarter EPS of $5.66 on revenue of $66.64B, for EPS of $4.83 on revenue of $57.03B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar