Genco Shipping & Trading (NYSE:GNK) reported quarterly earnings of $0.49 per share which beat the analyst consensus estimate of $(0.25) by 296 percent. This is unchanged from the same period last year. The company reported quarterly sales of $41.60 million which missed the analyst consensus estimate of $66.05 million by 37.02 percent. This is a 64.58 percent decrease over sales of $117.44 million the same period last year.