Genco Shipping & Trading Limited Announces Second Quarter Financial Results

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Genco Shipping & Trading Limited (GNK) Posts Smaller-than-Expected Q2 Loss

August 3, 2016 5:20 PM EDT

Genco Shipping & Trading Limited (NYSE: GNK) reported Q2 EPS ex-items of ($5.59), $0.67 better than the analyst estimate of ($6.26). Revenue for the quarter came in at $31.9 million versus the consensus estimate of $35.81 million.

John C. Wobensmith, President, commented, During the second quarter, we continued to... More