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S&P 500   4,967.23
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QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
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Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
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American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
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3 Magnificent Seven Stocks Outperforming the Rest
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QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
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Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
A.I. Pioneer Issues Urgent Warning to Americans (Ad)
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
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Genco Shipping & Trading (GNK) Earnings Date, Estimates & Call Transcripts

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Earnings Summary

Upcoming
Earnings Date
May. 8
After Market Closes
Confirmed
Actual EPS
(Feb. 21)
$0.43 Beat By $0.06
Consensus EPS
(Feb. 21)
$0.37
Read Call Transcript
Listen to Call
Skip Charts & View Estimated and Actual Earnings Data
Earnings Per ShareRevenue

GNK Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

GNK Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Genco Shipping & Trading Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20241$0.62$0.62$0.62
Q2 20242$0.39$0.63$0.51
Q3 20241$0.66$0.66$0.66
Q4 20241$0.66$0.66$0.66
FY 20245$2.33$2.57$2.45

GNK Earnings Date and Information

Genco Shipping & Trading last released its earnings data on February 21st, 2024. The shipping company reported $0.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.37 by $0.06. The business earned $115.50 million during the quarter, compared to the consensus estimate of $72.54 million. Its revenue was down 9.1% on a year-over-year basis. Genco Shipping & Trading has generated ($0.31) earnings per share over the last year (($0.31) diluted earnings per share). Earnings for Genco Shipping & Trading are expected to grow by 25.26% in the coming year, from $1.90 to $2.38 per share. Genco Shipping & Trading has confirmed that its next quarterly earnings report will be published on Wednesday, May 8th, 2024. Genco Shipping & Trading will be holding an earnings conference call on Thursday, May 9th at 8:30 AM Eastern. Interested parties can register for or listen to the call. or dial in at 402-220-9026 with passcode "24967".

Genco Shipping & Trading Earnings History by Quarter

Export to Excel
DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
5/8/2024
Confirmed)		-------  
2/21/2024Q4 2023$0.37$0.43+$0.06$0.75$72.54 million$115.50 million    
11/8/2023Q3 2023($0.05)($0.09)($0.04)$0.57$46.21 million$83.36 million    
8/4/2023Q2 2023$0.17$0.27+$0.10$0.27$61.69 million$90.60 million  
5/3/2023Q1 2023$0.14$0.06($0.08)$0.06$55.97 million$53.40 million    
2/22/2023Q4 2022$0.59$0.67+$0.08$0.67$76.22 million$127.00 million    
11/9/2022Q3 2022$0.88$1.00+$0.12$1.05$91.19 million$96.47 million
8/3/2022Q2 2022$1.08$1.10+$0.02$1.10$102.83 million$105.30 million
5/4/2022Q1 2022$0.98$0.97($0.01)$0.97$95.11 million$97.76 million
2/24/2022Q4 2021$1.89$1.99+$0.10$1.85$129.28 million$146.67 million    
11/3/2021Q3 2021$1.32$1.44+$0.12$1.54$103.41 million$117.46 million    
8/4/2021Q2 2021$0.72$0.75+$0.03$0.75$75.51 million$84.31 million    
5/5/2021Q1 2021$0.03$0.06+$0.03$0.07$47.67 million$52.52 million  

Genco Shipping & Trading Earnings - Frequently Asked Questions

When is Genco Shipping & Trading's earnings date?

Genco Shipping & Trading has confirmed that its next quarterly earnings data will be published on Wednesday, May 8th, 2024. Learn more on GNK's earnings history.

Did Genco Shipping & Trading beat their earnings estimates last quarter?

In the previous quarter, Genco Shipping & Trading (NYSE:GNK) reported $0.43 earnings per share (EPS) to beat the analysts' consensus estimate of $0.37 by $0.06. Learn more on analysts' earnings estimate vs. GNK's actual earnings.

How can I listen to Genco Shipping & Trading's earnings conference call?

The conference call for Genco Shipping & Trading's latest earnings report can be listened to online. Listen to Conference Call

How can I read Genco Shipping & Trading's conference call transcript?

The conference call transcript for Genco Shipping & Trading's latest earnings report can be read online. Read Transcript

How much revenue does Genco Shipping & Trading generate each year?

Genco Shipping & Trading (NYSE:GNK) has a recorded annual revenue of $383.83 million.

How much profit does Genco Shipping & Trading generate each year?

Genco Shipping & Trading (NYSE:GNK) has a recorded net income of -$12.87 million. GNK has generated -$0.31 earnings per share over the last four quarters.

What is Genco Shipping & Trading's EPS forecast for next year?

Genco Shipping & Trading's earnings are expected to grow from $1.90 per share to $2.38 per share in the next year, which is a 25.26% increase.


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This page (NYSE:GNK) was last updated on 4/19/2024 by MarketBeat.com Staff

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