Genco Shipping & Trading (NYSE:GNK) reported its Q4 earnings results on Wednesday, February 21, 2024 at 04:26 PM.
Here's what investors need to know about the announcement.
Earnings
Genco Shipping & Trading beat estimated earnings by 7.5%, reporting an EPS of $0.43 versus an estimate of $0.4.
Revenue was down $11.46 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.02 which was followed by a 6.79% increase in the share price the next day.
Here's a look at Genco Shipping & Trading's past performance:
Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
---|---|---|---|---|
EPS Estimate | -0.11 | 0.17 | 0.13 | 0.64 |
EPS Actual | -0.09 | 0.27 | 0.06 | 0.67 |
Revenue Estimate | 47.48M | 60.66M | 66.14M | 77.78M |
Revenue Actual | 83.36M | 90.56M | 94.39M | 126.97M |
To track all earnings releases for Genco Shipping & Trading visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.