Earnings Outlook For Genco Shipping & Trading
Portfolio Pulse from Benzinga Insights
Genco Shipping & Trading (NYSE:GNK) is set to release its latest quarterly earnings report on August 4, 2023. Analysts estimate an earnings per share (EPS) of $0.17. The company's past performance shows a pattern of share price changes following earnings reports. Last quarter, the company missed EPS by $0.07, resulting in a 7.75% drop in share price. Over the last 52-week period, shares are down 16.63%.
August 04, 2023 | 2:00 pm
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Genco Shipping & Trading is expected to report an EPS of $0.17. The company's share price has historically been affected by earnings reports. Last quarter, a missed EPS resulted in a 7.75% drop in share price.
The company's share price has historically been affected by its earnings reports. Given that the company missed its EPS estimate last quarter and experienced a significant drop in share price, it is likely that the upcoming earnings report could also have a significant impact on the share price, especially if the company fails to meet the estimated EPS.
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