Benzinga | Feb 24, 2021 05:04PM EST

Genco Shipping & Trading Q4 Adj. EPS $0.22 Beats $0.11 Estimate, Net Sales $57.30M Beat $54.97M Estimate

Genco Shipping & Trading (NYSE:GNK) reported quarterly earnings of $0.22 per share which beat the analyst consensus estimate of $0.11 by 100 percent. This is a 214.29 percent increase over earnings of $0.07 per share from the same period last year. The company reported quarterly sales of $57.30 million which beat the analyst consensus estimate of $54.97 million by 4.24 percent. This is a 47.29 percent decrease over sales of $108.70 million the same period last year.