Benzinga | Aug 9, 2021 06:54AM EDT

International Seaways Q2 EPS $(0.51) Misses $(0.48) Estimate, Sales $44.70M Miss $47.44M Estimate

International Seaways (NYSE:INSW) reported quarterly losses of $(0.51) per share which missed the analyst consensus estimate of $(0.48) by 6.25 percent. This is a 121.34 percent decrease over earnings of $2.39 per share from the same period last year. The company reported quarterly sales of $44.70 million which missed the analyst consensus estimate of $47.44 million by 5.78 percent. This is a 68.01 percent decrease over sales of $139.72 million the same period last year.