Genco Shipping: Q1 Earnings Snapshot
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NEW YORK (AP) — NEW YORK (AP) — Genco Shipping & Trading Ltd. (GNK) on Wednesday reported profit of $2.6 million in its first quarter.
The New York-based company said it had profit of 6 cents per share.
The transporter of drybulk cargo posted revenue of $94.4 million in the period. Its adjusted revenue was $57 million, exceeding Street forecasts. Three analysts surveyed by Zacks expected $56.6 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GNK at https://www.zacks.com/ap/GNK
