Recap: Genco Shipping & Trading Q1 Earnings

Genco Shipping & Trading GNK reported its Q1 earnings results on Wednesday, May 3, 2023 at 04:18 PM.

Here's what investors need to know about the announcement.

Earnings

Genco Shipping & Trading missed estimated earnings by 53.85%, reporting an EPS of $0.06 versus an estimate of $0.13.

Revenue was down $41.84 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.03 which was followed by a 6.61% increase in the share price the next day.

Here's a look at Genco Shipping & Trading's past performance:

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.