Benzinga | Nov 3, 2021 07:01PM EDT

Genco Shipping & Trading Q3 Adj. EPS $1.44 Beats $1.41 Estimate, Sales $155.25M Beat $127.02M Estimate

Genco Shipping & Trading (NYSE:GNK) reported quarterly earnings of $1.44 per share which beat the analyst consensus estimate of $1.41 by 2.13 percent. This is a 4700 percent increase over earnings of $0.03 per share from the same period last year. The company reported quarterly sales of $155.25 million which beat the analyst consensus estimate of $127.02 million by 22.23 percent. This is a 77.38 percent increase over sales of $87.52 million the same period last year.