Genco Shipping & Trading (NYSE:GNK) reported quarterly earnings of $0.29 per share which missed the analyst consensus estimate of $0.36 by 19.44 percent. This is a 32.56 percent decrease over earnings of $0.43 per share from the same period last year. The company reported quarterly sales of $99.20 million which beat the analyst consensus estimate of $90.46 million by 9.66 percent. This is a 14.12 percent decrease over sales of $115.52 million the same period last year.
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