Benzinga | Aug 4, 2021 05:08PM EDT

Genco Shipping & Trading Q2 EPS $0.75 Beats $0.72 Estimate, Sales $121.01M Beat $102.28M Estimate

Genco Shipping & Trading (NYSE:GNK) reported quarterly earnings of $0.75 per share which beat the analyst consensus estimate of $0.72 by 4.17 percent. This is a 274.42 percent increase over losses of $(0.43) per share from the same period last year. The company reported quarterly sales of $121.01 million which beat the analyst consensus estimate of $102.28 million by 18.31 percent. This is a 63.07 percent increase over sales of $74.21 million the same period last year.