• Genco Shipping & Trading Ltd GNK.N reported quarterly adjusted earnings of 29 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 43 cents. The mean expectation of nine analysts for the quarter was for earnings of 36 cents per share. Wall Street expected results to range from 15 cents to 66 cents per share.

• Revenue rose 40.5% to $99.20 million from a year ago; analysts expected $90.46 million.

• Genco Shipping & Trading Ltd's reported EPS for the quarter was 29 cents​.

• The company reported quarterly net income of $12.68 million.

• Genco Shipping & Trading Ltd shares had risen by 6.5% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 15.3% in the last three months.​

• In the last 30 days, four analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," 4 "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 Ltd is $19.50

This summary was machine generated from LSEG data February 19 at 11:20 p.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)