Genco Shipping & Trading: Q4 Earnings Insights

Genco Shipping & Trading 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.

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.

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.