Genco Shipping & Trading (NYSE:GNK) reported its Q1 earnings results on Wednesday, May 4, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Genco Shipping & Trading missed estimated earnings by 1.02%, reporting an EPS of $0.97 versus an estimate of $0.98.
Revenue was up $48.64 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.05 which was followed by a 5.91% increase in the share price the next day.
Here's a look at Genco Shipping & Trading's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 1.94 | 1.41 | 0.72 | 0.02 |
| EPS Actual | 1.99 | 1.44 | 0.75 | 0.06 |
| Revenue Estimate | 143.71M | 127.02M | 102.28M | 51.64M |
| Revenue Actual | 183.28M | 155.25M | 121.01M | 87.59M |
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.
