Genco Shipping & Trading Second Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags [Yahoo! Finance]
Genco Shipping & Trading Limited Ordinary Shares New (Marshall Islands) (GNK)
Last genco shipping & trading limited ordinary shares new (marshall islands) earnings: 2/25 04:30 pm
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US:NYSE Investor Relations:
gencoshipping.com
Company Research
Source: Yahoo! Finance
Net income: US$23.5m (up 103% from 2Q 2023). Profit margin: 22% (up from 13% in 2Q 2023). EPS: US$0.55 (up from US$0.27 in 2Q 2023). All figures shown in the chart above are for the trailing 12 month (TTM) period Genco Shipping & Trading Revenues Beat Expectations, EPS Falls Short Revenue exceeded analyst estimates by 2.7%. Earnings per share (EPS) missed analyst estimates by 4.2%. Looking ahead, revenue is forecast to decline by 11% p.a. on average during the next 3 years, while revenues in the Shipping industry in the US are expected to remain flat. Performance of the American Shipping industry. The company's shares are down 4.2% from a week ago. Risk Analysis We don't want to rain on the parade too much, but we did also find 4 warning signs for Genco Shipping & Trading (1 is a bit concerning!) that you need to be mindful of. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simp
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News
- Genco's Unique Dividend Structure May Hold Promise For Income Investors [Seeking Alpha]Seeking Alpha
- Genco Shipping & Trading Limited Enhances Dividend Policy to Increase Cash Distributable to Shareholders [Yahoo! Finance]Yahoo! Finance
- Genco Shipping & Trading Limited Enhances Dividend Policy to Increase Cash Distributable to ShareholdersGlobeNewswire
- Genco Shipping & Trading Limited (NYSE: GNK) is now covered by analysts at Deutsche Bank Aktiengesellschaft. They set a "buy" rating and a $22.00 price target on the stock.MarketBeat
- Genco Shipping & Trading's (NYSE:GNK) Returns On Capital Are Heading Higher [Yahoo! Finance]Yahoo! Finance
GNK
Earnings
- 8/7/24 - Beat
GNK
Sec Filings
- 8/28/24 - Form 4
- 8/28/24 - Form 4
- 8/28/24 - Form 4
- GNK's page on the SEC website