Genco Shipping & Trading Limited (GNK) Misses Q3 EPS by 5c

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Go back to Genco Shipping & Trading Limited (GNK) Misses Q3 EPS by 5c

Genco Shipping & Trading Limited Announces Third Quarter Financial Results

November 5, 2015 4:30 PM EST

NEW YORK, Nov. 5, 2015 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE: GNK) ("Genco" or the "Company") today reported its financial results for the three and nine months ended September 30, 2015.

The following financial review discusses the results for the three and nine months ended September 30, 2015 and September 30, 2014.

Third quarter 2015 and Year-to-Date Highlights

Recorded a net loss attributable to Genco Shipping & Trading Limited of $66.6 million for the third quarter of 2015 Basic and diluted loss per share of $0.95; Basic and diluted loss of $27.2 million or $0.39 per share,... More