Earnings Summary

Genco Shipping & Trading Ltd’s revenue jumped 65632.7% since last year same period to $90556Mn in the Q2 2023. On a quarterly growth basis, Genco Shipping & Trading Ltd has generated 95837.11% jump in its revenue since last 3-months.

Genco Shipping & Trading Ltd’s net profit jumped 24301.67% since last year same period to $11562Mn in the Q2 2023. On a quarterly growth basis, Genco Shipping & Trading Ltd has generated 438852.16% jump in its net profits since last 3-months.

Genco Shipping & Trading Ltd’s net profit margin fell -62.88% since last year same period to 12.77% in the Q2 2023. On a quarterly growth basis, Genco Shipping & Trading Ltd has generated 357.54% jump in its net profit margins since last 3-months.

Genco Shipping & Trading Ltd’s earning per share (EPS) estimates for the current quarter stand at 0.71 - a -33.64% fall from last quarter’s estimates.

Genco Shipping & Trading Ltd’s earning per share (EPS) estimates for the current year stand at 0.71.

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 Ltd’s return on assets (ROA) stands at 0.05.

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 Ltd’s return on equity (ROE) stands at 0.09.

Genco Shipping & Trading Ltd declared 0.5 dividend per share during the earnings announcement for Q1 2023.