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Genco Shipping & Trading (NYSE:GNK) Releases Quarterly Earnings Results, Misses Expectations By $0.08 EPS

Genco Shipping & Trading (NYSE:GNK – Get Rating) announced its earnings results on Wednesday. The shipping company reported $0.06 EPS for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.08), Briefing.com reports. Genco Shipping & Trading had a return on equity of 16.76% and a net margin of 29.53%. The company had revenue of […]

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Genco Shipping & Trading (NYSE:GNK) Releases Earnings Results, Misses Estimates By $0.08 EPS

Genco Shipping & Trading (NYSE:GNK – Get Rating) released its quarterly earnings results on Wednesday. The shipping company reported $0.06 earnings per share for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.08), Briefing.com reports. The business had revenue of $53.40 million for the quarter, compared to analysts’ expectations of $55.97 million. Genco Shipping […]

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Short Interest in Genco Shipping & Trading Limited (NYSE:GNK) Declines By 13.9%

Genco Shipping & Trading Limited (NYSE:GNK – Get Rating) was the recipient of a large decrease in short interest in April. As of April 15th, there was short interest totalling 1,980,000 shares, a decrease of 13.9% from the March 31st total of 2,300,000 shares. Approximately 5.0% of the company’s stock are short sold. Based on […]

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Genco Shipping & Trading (GNK) to Release Quarterly Earnings on Wednesday

Genco Shipping & Trading (NYSE:GNK – Get Rating) will be announcing its earnings results after the market closes on Wednesday, May 3rd. Analysts expect the company to announce earnings of $0.16 per share for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link. Genco […]

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Stifel Nicolaus Raises Genco Shipping & Trading (NYSE:GNK) Price Target to $24.00

Genco Shipping & Trading (NYSE:GNK – Get Rating) had its price objective raised by Stifel Nicolaus from $23.00 to $24.00 in a research note released on Tuesday morning, The Fly reports. GNK has been the topic of a number of other research reports. TheStreet lowered shares of Genco Shipping & Trading from a b rating […]

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