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GNK

Genco Shipping & Trading Limited

$15.35

Earnings Summary

Revenue
$137.76Mn
Net Profits
$47.38Mn
Net Profit Margins
34.39%
PE Ratio
3.16

Highlights

Revenue:

Genco Shipping & Trading Limited’s revenue jumped 13.85% since last year same period to $137.76Mn in the Q2 2022. On a quarterly growth basis, Genco Shipping & Trading Limited has generated 1.13% jump in its revenue since last 3-months.

Net Profits:

Genco Shipping & Trading Limited’s net profit jumped 47.9% since last year same period to $47.38Mn in the Q2 2022. On a quarterly growth basis, Genco Shipping & Trading Limited has generated 13.66% jump in its net profits since last 3-months.

Net Profit Margins:

Genco Shipping & Trading Limited’s net profit margin jumped 29.91% since last year same period to 34.39% in the Q2 2022. On a quarterly growth basis, Genco Shipping & Trading Limited has generated 12.39% jump in its net profit margins since last 3-months.

PE Ratio:

Genco Shipping & Trading Limited’s price-to-earnings ratio after this Q2 2022 earnings stands at 3.16.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Genco Shipping & Trading Limited post its latest quarter earnings

EPS Estimate Current Quarter
1.13
EPS Estimate Current Year
1.13

Highlights

EPS Estimate Current Quarter:

Genco Shipping & Trading Limited’s earning per share (EPS) estimates for the current quarter stand at 1.13 - a 16.49% jump from last quarter’s estimates.

EPS Estimate Current Year:

Genco Shipping & Trading Limited’s earning per share (EPS) estimates for the current year stand at 1.13.

Key Ratios

Key ratios of the Genco Shipping & Trading Limited post its Q2 2022 earnings

Earning Per Share (EPS)
1.1
Return on Assets (ROA)
0.13
Return on Equity (ROE)
0.27
Dividend Per Share (DPS)
2.11

Highlights

Earning Per Share (EPS):

Genco Shipping & Trading Limited’s earning per share (EPS) jumped 46.67% since last year same period to 1.1 in the Q2 2022. This indicates that the Genco Shipping & Trading Limited has generated 46.67% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Genco Shipping & Trading Limited’s return on assets (ROA) stands at 0.13.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Genco Shipping & Trading Limited’s return on equity (ROE) stands at 0.27.

Dividend Per Share (DPS):

Genco Shipping & Trading Limited declared 2.11 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-06-30
1.13
1.1
-2.65%
2022-05-04
0.97
0.97
0%

Company Information

Genco Shipping & Trading Limited transports iron ore, coal, grain, steel products and other drybulk cargoes along worldwide shipping routes. As of December 21, 2020, Genco Shipping & Trading Limited's fleet consists of 17 Capesize, six Ultramax, 17 Supramax and seven Handysize vessels with an aggregate capacity of approximately 4,573,000 dwt and an average age of 10.4 years.

Organisation
Genco Shipping & Trading Limited
Headquarters
299 Park Avenue, New York, NY, United States, 10171
Employees
960
Industry
Transportation
CEO
John Wobensmith