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Overseas Shipholding Group Inc   (OSG)
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Overseas Shipholding Group Inc

OSG's Financial Statements and Analysis



Overseas Shipholding Group Inc reported in the forth quarter of 2023 net earnings per share of $0.28 an increase by 155.88 % year on year from $0.11 and an improvement of 28.43 % from $0.22 realized in III. Quarter (Sep 30 2023).


forth quarter of 2023
Earnings Per Share Revenues
$ 0.28 $  116 Mill
$+0.17     +155.88 % $-6M     -4.71 %



Overseas Shipholding Group Inc 's Revenue fell by -4.71 % in forth quarter of 2023 (Dec 31 2023) year on year, to $116 million and advanced by 0.51 % sequentially.


Overseas Shipholding Group Inc is

More on OSG's Income Statement



Overseas Shipholding Group Inc 's net income of $20.420 million in the forth quarter of 2023 increased by 102.48 % from net earnings of $10.085 million achieved in IV. Quarter a year ago.

Sequentially net earnings grew by 16.08 % from net income of $17.592 million realized in previous quarter.

More on OSG's Growth

Overseas Shipholding Group Inc Inventories
In Dec 31 2023 company's net cash and cash equivalents decreased by $-21 million

More on OSG's Cash flow Statement


Overseas Shipholding Group Inc does not pay out common stock dividend.

In trailing twelve-month period Overseas Shipholding Group Inc earned $ 1.27 cash per share, on a free-cash flow basis 160.68 % of net earning per share.

Book value grew by 2.81 % sequentially to $4.37 per share, 82.87% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 4.20 per share from $ 4.07.

Company issued 0.41 million shares or 0.51 % in Dec 31 2023.
Interest Coverage Ratio was 3.32. Debt Coverage Ratio was 0.25.

More on OSG's Dividends

 Market Capitalization (Millions) 484
 Shares Outstanding (Millions) 81
 Total Debt (Millions $) 401
 Revenue (TTM) (Millions $) 452
 Net Income (TTM) (Millions $) 62
 Cash Flow (TTM) (Millions $) -2
 Capital Exp. (TTM) (Millions $) -31
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ 890




Overseas Shipholding Group Inc does not pay out common stock dividend.

In trailing twelve-month period Overseas Shipholding Group Inc had $ 1.27 cash flow per share, on a free-cash flow basis 160.68 % of net earning per share.

Book value grew by 2.81 % sequentially to $4.37 per share, 82.87% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 4.20 per share from $ 4.07.

Company issued 0.41 million shares or 0.51 % in Dec 31 2023.
Interest Coverage Ratio was 3.32. Debt Coverage Ratio was 0.25.

More on OSG's Balance Sheets

 Market Capitalization (Millions) 484
 Shares Outstanding (Millions) 81
 Total Debt (Millions $) 401
 Revenue (TTM) (Millions $) 452
 Net Income (TTM) (Millions $) 62
 Cash Flow (TTM) (Millions $) -2
 Capital Exp. (TTM) (Millions $) -31
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ 890
   


  News about Overseas Shipholding Group Inc Earnings

Overseas Shipholding Group Inc (OSG) Surges with 155.88% EPS Growth Despite Revenue Dip

Overseas Shipholding Group Inc (OSG) managed to improve its earnings per share (EPS) despite soft demand in the financial period ending December 31, 2023. EPS grew rapidly by 155.88% to $0.28 per share, while revenue diminished by -4.712% to $116.02 million year on year. Comparing with the previous reporting season, revenue increased by 0.507% from $115.44 million, and income grew by 28.43% from $0.22 per share.
Net income for the financial period ending December 31, 2023, was $20.420 million, which increased by 102.48% from the net earnings of $10.085 million reported in the same period a year ago. This improvement in net income demonstrates the company's ability to generate more profits despite market ...

Overseas Shipholding Group Inc. Soars to New Heights, Surpassing Expectations in Latest Fiscal Success

Interpreting the Financial Results of Overseas Shipholding Group Inc: A Steady Growth Despite Weak Revenue
As the fourth quarter comes to a close, Overseas Shipholding Group Inc (OSG) has managed to impress investors with its impressive financial performance. Despite facing weak revenue in the financial period closing September 30, 2023, the company has successfully grown its earnings per share (EPS) and witnessed a significant surge in profit per share. This signifies that OSG has been able to effectively manage its costs and operate efficiently to maximize its profits.
The financial results reveal that OSG's profit per share experienced a remarkable increase of 46.67% to reach $0.22 per share, whil...

Overseas Shipholding Group Inc Soars with 275% Profit Surge in Q2 2023

Overseas Shipholding Group Inc, a leading provider of energy transportation services, has shown impressive financial performance in the interval ending June 30, 2023. The company reported a significant increase in earnings per share (EPS) of 275%, reaching $0.15 per share compared to $0.04 in the previous year. This growth demonstrates the company's ability to generate higher profits and deliver value to its shareholders.
Furthermore, Overseas Shipholding Group Inc witnessed a 7.14% improvement in income, with earnings increasing from $0.14 per share in the preceding reporting season. The company has been successful in managing costs and increasing operational efficiency, resulting in a positive impact o...


Date modified: 2024-03-17T13:08:02+00:00





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