What Is In The Store For Genco Shipping & Trading Limited ($GNK) Q3 2024 Earnings?

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Genco Shipping & Trading Limited (NYSE: GNK) has announced that it will be unveiling its third quarter financial results on Wednesday 6th November 2024. The disclosure is planned to occur after market close.

Wall Street financial experts forecast that the enterprise is set to announce an expected $0.41 profit per share for the quarter. Moreover, the company is anticipated to disclose a total revenue of $104.79 million for this particular period.

In the corresponding quarter of the previous year, the company's earnings report revealed a per-share loss of $0.09. This significant amount was attributed to the company's remarkable total revenue of $83.36 million generated during that specific period.

The company's yearly performance has been analyzed by Wall Street analysts, who have projected a total revenue of $440.83 million. Additionally, they are expecting the company to achieve a per share profit of $1.91 for the fiscal year 2024.

 

GNK has scheduled a conference call on 7th November 2024 at 08:30 AM eastern time to discuss the third quarter financial results and other related information.

Genco Shipping & Trading Limited (GNK) closed Friday's regular trading session at $15.95, indicating a 1.33 percent upturn. During the day, GNK shares traded between $15.80 and $16.01, with a day volume of 443.50 thousand shares.