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%
Revenue
ActualEstimateUnit: USD
qf
EBIT
ActualEstimateUnit: USD
qf
Net income
ActualEstimateUnit: USD
qf
EPS
ActualEstimateUnit: USD
qf