Genco Shipping: Q1 Earnings Snapshot
Genco Shipping & Trading Ltd. (GNK) on Wednesday reported profit of $2.6 million in its first quarter. The New York-based company said it had profit of 6 cents per share. The transporter of drybulk cargo posted revenue of $94.4 million in the period. Its adjusted revenue was $57 million, exceeding Street forecasts. Three analysts surveyed by Zacks expected $56.6 million
By AP News
Published - May 03, 2023, 07:21 PM ET
Last Updated - May 02, 2024, 02:12 PM EDT
NEW YORK (AP) — NEW YORK (AP) — Genco Shipping & Trading Ltd. (GNK) on Wednesday reported profit of $2.6 million in its first quarter.
The New York-based company said it had profit of 6 cents per share.
The transporter of drybulk cargo posted revenue of $94.4 million in the period. Its adjusted revenue was $57 million, exceeding Street forecasts. Three analysts surveyed by Zacks expected $56.6 million.
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