Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Genco Shipping's lower earnings led to a stock drop, but it still announced a dividend and showed strong annual growth.

flag Genco Shipping & Trading reported a lower-than-expected earnings per share of $0.29 for the quarter, leading to a drop in its stock price to $14.62. flag Despite this, the company declared a $0.30 per share dividend and showed a strong annual performance with a 49% increase in Adjusted EBITDA to $151.2 million. flag Genco, which transports drybulk cargoes like iron ore and coal, has a "Moderate Buy" rating and a target price of $24.20.

6 Articles

Further Reading