A Glimpse of Genco Shipping & Trading's Earnings Potential
Genco Shipping & Trading (NYSE:GNK) is set to give its latest quarterly earnings report on Wednesday, 2025-08-06. Here's what investors need to know before the announcement.
Analysts estimate that Genco Shipping & Trading will report an earnings per share (EPS) of $-0.14.
Genco Shipping & Trading bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Earnings History Snapshot
The company's EPS beat by $0.73 in the last quarter, leading to a 0.37% increase in the share price on the following day.
Here's a look at Genco Shipping & Trading's past performance and the resulting price change:
| Quarter | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|
| EPS Estimate | -0.24 | 0.30 | 0.41 | 0.45 |
| EPS Actual | 0.49 | 0.29 | 0.41 | 0.46 |
| Price Change % | 0.0% | 1.0% | 5.0% | -2.0% |
Performance of Genco Shipping & Trading Shares
Shares of Genco Shipping & Trading were trading at $16.27 as of August 04. Over the last 52-week period, shares are down 5.83%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
