As you might know, International Seaways, Inc. (NYSE:INSW) just kicked off its latest first-quarter results with some very strong numbers. The company beat forecasts, with revenue of US$183m, some 3.9% above estimates, and statutory earnings per share (EPS) coming in at US$1.00, 54% ahead of expectations. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. We thought readers would find it interesting to see the analysts latest (statutory) post-earnings forecasts for next year.

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Following the recent earnings report, the consensus from six analysts covering International Seaways is for revenues of US$779.3m in 2025. This implies a definite 9.4% decline in revenue compared to the last 12 months. Statutory earnings per share are forecast to crater 39% to US$3.98 in the same period. In the lead-up to this report, the analysts had been modelling revenues of US$784.7m and earnings per share (EPS) of US$4.47 in 2025. The analysts seem to have become more bearish following the latest results. While there were no changes to revenue forecasts, there was a real cut to EPS estimates.

Check out our latest analysis for International Seaways

The consensus price target held steady at US$53.00, with the analysts seemingly voting that their lower forecast earnings are not expected to lead to a lower stock price in the foreseeable future. The consensus price target is just an average of individual analyst targets, so - it could be handy to see how wide the range of underlying estimates is. There are some variant perceptions on International Seaways, with the most bullish analyst valuing it at US$70.00 and the most bearish at US$40.00 per share. Analysts definitely have varying views on the business, but the spread of estimates is not wide enough in our view to suggest that extreme outcomes could await International Seaways shareholders.

These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the International Seaways' past performance and to peers in the same industry. These estimates imply that revenue is expected to slow, with a forecast annualised decline of 12% by the end of 2025. This indicates a significant reduction from annual growth of 26% over the last five years. Compare this with our data, which suggests that other companies in the same industry are, in aggregate, expected to see their revenue grow 3.5% per year. It's pretty clear that International Seaways' revenues are expected to perform substantially worse than the wider industry.

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The Bottom Line

The biggest concern is that the analysts reduced their earnings per share estimates, suggesting business headwinds could lay ahead for International Seaways. Fortunately, the analysts also reconfirmed their revenue estimates, suggesting that it's tracking in line with expectations. Although our data does suggest that International Seaways' revenue is expected to perform worse than the wider industry. The consensus price target held steady at US$53.00, with the latest estimates not enough to have an impact on their price targets.

With that said, the long-term trajectory of the company's earnings is a lot more important than next year. At Simply Wall St, we have a full range of analyst estimates for International Seaways going out to 2027, and you can see them free on our platform here..

It is also worth noting that we have found 2 warning signs for International Seaways (1 doesn't sit too well with us!) that you need to take into consideration.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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