Genco Shipping and Trade GNK announced its first quarter results on Wednesday, May 4, 2022 at 4:00 p.m.
Here’s what investors need to know about the announcement.
Earnings
Genco Shipping & Trading missed earnings estimates by 1.02%, recording EPS of $0.97 versus an estimate of $0.98.
Revenue increased by $48.64 million compared to the same period last year.
Past Earnings Performance
Last quarter, the company beat EPS by $0.05, followed by a 5.91% share price increase the next day.
Here is an overview of past performance of Genco Shipping & Trading:
| Trimester | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS estimate | 1.94 | 1.41 | 0.72 | 0.02 |
| Actual EPS | 1.99 | 1.44 | 0.75 | 0.06 |
| Revenue estimate | 143.71M | 127.02M | 102.28M | 51.64M |
| Actual turnover | 183.28M | 155.25M | 121.01M | 87.59M |
To keep track of all revenue releases for Genco Shipping & Trading, visit their revenue calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
