Genco Shipping & Trading (GNK) Earnings Date, Estimates & Call Transcripts

$22.84
+0.13 (+0.57%)
(As of 05/10/2024 08:55 PM ET)

Earnings Summary

Upcoming
Earnings Date
Aug. 2Estimated
Actual EPS
(May. 8)
$0.49 Beat By $0.03
Consensus EPS
(May. 8)
$0.46
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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$0.43$0.63$0.53
Q3 20242$0.20$0.66$0.43
Q4 20242$0.56$0.66$0.61
FY 20247$1.81$2.57$2.19

GNK Earnings Date and Information

Genco Shipping & Trading last issued its quarterly earnings data on May 8th, 2024. The shipping company reported $0.49 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.46 by $0.03. The company earned $117.44 million during the quarter, compared to analysts' expectations of $77.31 million. Its revenue was up 24.4% compared to the same quarter last year. Genco Shipping & Trading has generated $0.06 earnings per share over the last year ($0.06 diluted earnings per share) and currently has a price-to-earnings ratio of 380.7. Earnings for Genco Shipping & Trading are expected to grow by 4.27% in the coming year, from $2.34 to $2.44 per share. Genco Shipping & Trading has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Friday, August 2nd, 2024 based off prior year's report dates.

Genco Shipping & Trading Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
8/2/2024
Estimated)
------- 
5/8/2024Q1 2024$0.46$0.49+$0.03$0.55$77.31 million$117.44 million    
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    

Genco Shipping & Trading Earnings - Frequently Asked Questions

When is Genco Shipping & Trading's earnings date?

Genco Shipping & Trading has not confirmed its next earnings publication date, but the company's estimated earnings date is Friday, August 2nd, 2024 based off last year's report dates. 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 $0.49 earnings per share (EPS) to beat the analysts' consensus estimate of $0.46 by $0.03. 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 $0.06 earnings per share over the last four quarters.

What is Genco Shipping & Trading's price-to-earnings ratio?

Genco Shipping & Trading (NYSE:GNK) has a trailing price-to-earnings ratio of 380.67 and a forward price-to-earnings ratio of 9.76.

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

Genco Shipping & Trading's earnings are expected to grow from $2.34 per share to $2.44 per share in the next year, which is a 4.27% increase.


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This page (NYSE:GNK) was last updated on 5/13/2024 by MarketBeat.com Staff

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