Genco Shipping & Trading (GNK) Tops Q1 Earnings and Revenue Estimates
GNKGenco Shipping & Trading (GNK) Zacks Investment Research·2024-05-09 07:20

Genco Shipping & Trading (GNK) came out with quarterly earnings of 0.49pershare,beatingtheZacksConsensusEstimateof0.49 per share, beating the Zacks Consensus Estimate of 0.46 per share. This compares to earnings of 0.06pershareayearago.Thesefiguresareadjustedfornon−recurringitems.Thisquarterlyreportrepresentsanearningssurpriseof6.520.06 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 6.52%. A quarter ago, it was expected that this transporter of drybulk cargo would post earnings of 0.37 per share when it actually produced earnings of $0.43, delivering a surprise of 16.22%. Over the la ...