Genco Shipping & Trading Q3 EPS $(0.35) Misses $(0.01) Estimate, Sales $103.78M Beat $57.47M Estimate

Genco Shipping & Trading (NYSE:GNK) reported quarterly losses of $(0.35) per share which missed the analyst consensus estimate of $(0.01) by 3400 percent. This is a 450 percent decrease over earnings of $0.1 per share

Benzinga · 11/06/2019 21:35

Genco Shipping & Trading (NYSE:GNK) reported quarterly losses of $(0.35) per share which missed the analyst consensus estimate of $(0.01) by 3400 percent. This is a 450 percent decrease over earnings of $0.1 per share from the same period last year. The company reported quarterly sales of $103.78 million which beat the analyst consensus estimate of $57.47 million by 80.58 percent. This is a 12.48 percent increase over sales of $92.263 million the same period last year.