Post-earnings recap
Reported
Mon, Aug 10, 2026
EPS actual
$5.91
EPS est.
$5.28
EPS surprise
+11.85%
1-day move
-2.18%
International Seaways reported strong earnings, beating EPS expectations significantly, but the stock fell by 2.18% following the announcement. The decline may reflect investor concerns about the lack of revenue reporting and guidance. However, the company’s strong cash flow and liquidity position suggest it is well-prepared for future opportunities in the tanker market.
| Metric | Actual | Expected | Surprise |
|---|---|---|---|
| EPS | $5.91 | $5.26 | +11.85% |
| Revenue | — | $399M | — |
| Adjusted Net Income | $295 million | — | — |
| EBITDA | $345 million | — | — |
| Free Cash Flow | $261 million | — | — |
Management expressed confidence in the company's performance, citing strong financial results and a solid outlook for the tanker market. They emphasized their disciplined approach to capital allocation and significant liquidity.
Management highlighted a disciplined capital allocation strategy.
The tanker market outlook remains constructive despite geopolitical disruptions.
The company has nearly $1 billion in liquidity, positioning it well for future growth.
International Seaways, Inc. is a key player in the energy sector, focusing on oil and gas storage and transportation. With a market cap of $5 billion, the company plays a crucial role in the global supply chain, particularly as energy demand fluctuates and geopolitical factors impact oil prices.
Last quarter
In Q1-2026, International Seaways reported an EPS of $3.90, significantly surpassing expectations of $2.48, indicating strong operational performance. The stock reacted positively, gaining over 5% the following day.
EPS beat streak
4Q
EPS beat rate
88%
Avg EPS surprise
+25.63%
Avg 1-day reaction
+0.48%
Analysts are optimistic about International Seaways' upcoming earnings, expecting strong EPS and revenue growth. The company has a history of beating earnings estimates, which could boost investor confidence.
Bull case
If the company continues its trend of outperforming estimates, particularly with an EPS above $5.50, it could lead to a substantial increase in stock price.
Bear case
Conversely, if the company fails to meet the consensus EPS of $5.26, especially if it falls below $5.00, it could trigger a sell-off among investors.
Key metrics to watch
EPS
$5.26Earnings per share is a critical indicator of profitability, and a strong EPS can signal financial health.
Revenue
$399MRevenue figures provide insight into the company's sales performance and market demand.
The print will turn on these.
Q1
Will the EPS exceed $5.50?
A strong EPS could indicate sustained demand and operational efficiency, positively impacting stock performance.
Q2
What are the revenue figures compared to the $399M consensus?
Revenue performance will provide insights into market demand and the company's ability to capitalize on current energy trends.
—
Est. EPS
—
Est. Rev
—
Impl. Move
±6.3%
Why consensus could be wrong
The Street may be underestimating the impact of recent geopolitical tensions on oil prices, which could drive higher revenues than expected.
Supporting evidence
The company has a strong track record of beating EPS estimates, which could continue this quarter.
Options pricing suggests a larger move than historical averages, indicating potential for significant surprises.
Key risk
If revenue comes in below $383M, it could challenge the bullish consensus and lead to a reassessment of the company's growth prospects.
Pre-commit to what would confirm each case.
The market is weighing the company's ability to maintain strong earnings against potential headwinds in the energy sector.
Bull confirmed if
An EPS of $5.50 or higher would confirm the bull case, indicating strong profitability.
Bear confirmed if
An EPS below $5.00 would confirm the bear case, suggesting potential operational challenges.
What the market is pricing for the move.
Implied Move
±7.47%
Historical Avg
±3.4%
The options market is pricing in a significant move, suggesting that investors expect volatility around the earnings report.
Options are pricing ±7.5% while INSW has averaged ±3.4% over the last 8 prints — setup is pricing rich.
ATM IV
0.6%
30d HV
37.7%
Smart-money positioning from the most recent 13F filings.
Institutional
84.80%
of float
Insider
16.23%
of float
Holders
510
institutions
Top Holders· as of Jun 2026
Blackrock Inc.
6,595,548 sh · $771.3M
13.32%
5.3%
Likely market behavior by outcome. Not investment advice.
Beat & raise
If International Seaways beats expectations, history suggests a positive stock reaction of around +0.84%, confirming the bullish outlook.
In line / cautious
If results are in line with expectations, the stock may see muted movement as investors await further commentary from management.
Miss
A miss on EPS could lead to a decline, with historical data suggesting an average drop of -1.58%.
The lines on the call that would change the story.
FMR, LLC
4,945,517 sh · $578.3M
9.98%
0.2%
Dimensional Fund Advisors LP
3,071,116 sh · $359.1M
6.20%
1.5%
Vanguard Portfolio Management LLC
2,281,423 sh · $266.8M
4.61%
9.4%
American Century Companies Inc
2,150,403 sh · $251.5M
4.34%
7.7%
13F filings updated quarterly. Position deltas show change in shares vs. the prior quarter.