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Genco Shipping Swings to Q3 2026 Net Income of $38 Million

Genco Shipping & Trading reported Q3 2026 net income of $38 million, compared with a loss a year earlier.

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10:31:00 PM UTC
SquawkNews
Genco reported third-quarter 2026 net income attributable to shareholders of $38.0 million, compared with a $1.1 million loss a year earlier. Revenue rose to $151.9 million, and adjusted diluted EPS was $0.88. The company declared a record quarterly dividend of $1.05 per share and projected a divid…

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