Gener8 Maritime, Inc. Announces Fourth Quarter 2016 Financial Results

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Gener8 Maritime (GNRT) Tops Q4 EPS by 7c

March 13, 2017 6:05 AM EDT

Gener8 Maritime (NYSE: GNRT) reported Q4 EPS of $0.24, $0.07 better than the analyst estimate of $0.17.

Recorded net income of $5.8 million, or $0.07 basic and diluted earnings per share, for the three months ended December 31, 2016, compared to $45.5 million or $0.55 basic and diluted earnings per share for the same period in the prior year. Recorded adjusted net income of $20.1 million, or... More