Genco Shipping & Trading Limited reports results for the quarter ended June 30 - Earnings Summary

Genco Shipping & Trading

06/08/2026 07:11

Genco Shipping & Trading Limited GNK.N reported quarterly adjusted earnings of 65 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -14 cents.  The mean expectation of eight analysts for the quarter was for earnings of 64 cents per share. Wall Street expected results to range from 36 cents to 90 cents per share.
Revenue rose 68.5% to $136.41 million from a year ago; analysts expected $110.54 million. 
Genco Shipping & Trading Limited's reported EPS for the quarter was 37 cents​.
The company reported quarterly net income of $16.65 million.
Genco Shipping & Trading Limited shares had risen by 3.2% this quarter and gained 38.7% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 16.9% in the last three months.​ 
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the marine freight & logistics peer group is also "buy" 
Wall Street's median 12-month price target for Genco Shipping & Trading Limited is $28.00, about 8.7% above its last closing price of $25.57
This summary was machine generated from LSEG data August 6 at 06:11 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING
ESTIMATE 
ACTUAL
BEAT, MET, MISSED
Jun. 30 2026 
0.64
0.65
Beat
Mar. 31 2026 
0.06
0.26
Beat
Dec. 31 2025 
0.43
0.39
Missed
Sep. 30 2025 
0.21
-0.01
Missed