09:03 AM EDT, 08/07/2024 (MT Newswires) -- International Seaways ( INSW ) posted Q2 adjusted earnings Wednesday of $2.37 per diluted share, down from $3.12 a year earlier.

Analysts surveyed by Capital IQ expected $2.51.

Shipping revenue for the quarter ended June 30 was $257.4 million, compared with $292.2 million a year earlier.

Analysts surveyed by Capital IQ expected $257.3 million.

Shares of the company were up 2.6% in recent pre-bell activity Wednesday.

Price: 52.50, Change: +1.33, Percent Change: +2.60