NEW YORK (AP) — NEW YORK (AP) — International Seaways, Inc. (INSW) on Thursday reported third-quarter earnings of $91.7 million.
On a per-share basis, the New York-based company said it had net income of $1.84. Earnings, adjusted for non-recurring gains, came to $1.57 per share.
The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.42 per share.
The company posted revenue of $225.2 million in the period, also topping Street forecasts. Four analysts surveyed by Zacks expected $211.2 million.
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