Genco Shipping & Trading Q1 Adj. EPS $0.26 Beats $0.06 Estimate, Sales $72.000M Miss $81.954M Estimate
Genco Shipping & Trading (NYSE:GNK) reported quarterly earnings of $0.26 per share which beat the analyst consensus estimate of $0.06 by 333.33 percent. This is a 46.94 percent decrease over earnings of $0.49 per share from the same period last year. The company reported quarterly sales of $72.000 million which missed the analyst consensus estimate of $81.954 million by 12.15 percent. This is a 73.08 percent increase over sales of $41.600 million the same period last year.
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