)
Overview
<ul>
<li>Tanker company’s Q4 adjusted EPS beat analyst expectations</li>
<li>Adjusted net income for Q4 beat analyst expectations</li>
<li>Company completed strategic fleet optimizations and announced substantial shareholder returns</li>
</ul>
Outlook
<ul>
<li>Company expects continued strength in tanker markets into 2026</li>
<li>Seaways plans to leverage operating leverage for cash flow generation</li>
<li>Company aims to focus on fleet renewal and shareholder returns</li>
</ul>
Result Drivers
<ul>
<li>HIGHER SPOT EARNINGS - Co attributed increased Q4 net income to higher TCE revenues from spot earnings across the fleet, with significant gains in VLCC and Suezmax rates</li>
<li>FLEET OPTIMIZATION - Co’s fleet optimization through vessel sales and strategic acquisitions reduced expenses and contributed to Q4 gains</li>
<li>MARKET FUNDAMENTALS - Strong market fundamentals and geopolitical factors supported tanker earnings, according to CEO Lois K. Zabrocky Company press release:</li>
</ul>
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q4 Beat $2.45 $1.92 (4
Adjusted Analysts
<h3>EPS )</h3>
<h3>Q4 EPS $2.56</h3>
Q4 Beat $122 mln $92.53
Adjusted mln (4
Net Analysts
Income )
Q4 Net $128 mln
Income
Q4 Beat $175 mln $157.77
Adjusted mln (6
EBITDA Analysts
)
Analyst Coverage
<ul>
<li>The current average analyst rating on the shares is “buy” and the breakdown of recommendations is 7 “strong buy” or “buy”, no “hold” and no “sell” or “strong sell”</li>
<li>The average consensus recommendation for the oil &amp; gas transportation services peer group is “buy”</li>
<li>Wall Street’s median 12-month price target for International Seaways Inc is $64.00, about 7.9% below its February 25 closing price of $69.52</li>
<li>The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 9 three months ago For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact . (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)</li>
</ul>

International Seaways Q4 adjusted EPS beats expectations on higher TCE revenue