Genco Shipping & Trading: Q3 Earnings Insights

Genco Shipping & Trading GNK reported its Q3 earnings results on Wednesday, November 3, 2021 at 04:30 PM.

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

Genco Shipping & Trading their estimated earnings by 2.13%, reporting an EPS of $1.44 versus an estimate of $1.41, which did not surprise analysts.

Revenue was up $67,728,000 from the same period last year.

Last quarter the company beat on EPS by $0.03, which was followed by a 4.96% increase in the share price the next day.

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

Quarter	Q2 2021	Q1 2021	Q4 2020	Q3 2020
EPS Estimate	0.72	0.02	0.11	0.05
EPS Actual	0.75	0.06	0.22	0.03
Revenue Estimate	102.28M	51.64M	54.97M	54.70M
Revenue Actual	121.01M	87.59M	95.50M	87.52M

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