Genco Shipping & Trading

GNK

25.6302.93% ( +0.730 )

Closed: Oct 23, 16:00:00 (EDT)

Q2 FY2026 EarningsQ2 FY2026 results showed a significant revenue beat of $136.4M vs. $93.5M expected, driven by higher daily TCE rates ($24,273). While GAAP EPS of $0.37 missed the $0.57 consensus due to $13.1M in one-time operating expenses, Adjusted EPS of $0.65 exceeded expectations. Management declared a record $0.80/share dividend and issued bullish Q3 guidance with TCE rates already averaging $28,587 for 66% of available days, projecting a dividend >$1.00/share.

Financial report interval: 2026.03.30 - 2026.06.30

Overview: Genco Shipping & Trading(GNK) the Revenue is 92.33 M (+88.68%), Miss estimate;the EBIT is 21.75 M (+610.4%), Miss estimate;the EPS is 0.37 (+331.3%), Miss estimate.

Actual

YoY

Estimate

YoY

Vs estimate

YoY

RevenueMiss expectations

0.09B88.68%

0.09B91.30%

-0.00B2.62%

EBITMiss expectations

0.02B610.37%

0.03B856.57%

-0.01B246.20%

EPSMiss expectations

0.37331.25%

0.5889468.09%

-0.2189136.84%

Upcoming earnings report - Q3 FY2026

Available dateNov 4, 2026

Estimate Revenue$110.37 M

Estimate EBIT$45.36 M

Estimate EPS$0.9021

Revenue

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EBIT

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Net income

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EPS

ActualEstimateUnit: USD

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