Genco Q4 revenue beats estimates

Reuters

Feb 18

Genco Q4 revenue beats estimates

Overview

Drybulk shipowner's Q4 revenue beat analyst expectations
Adjusted EBITDA for Q4 beat analyst expectations
Company declared $0.50 per share dividend, highest since 2022

Outlook

Genco expects Q1 2026 TCE to be $17,966 for 80% of fleet days
Company anticipates higher Q1 2026 dividend year-over-year

Result Drivers

INCREASED BORROWING CAPACITY - Co upsized borrowing capacity by $80 mln, enhancing financial flexibility

Key Details

Metric	Beat/Miss	Actual	Consensus Estimate
Q4 Revenue	Beat	$109.92 mln	$101.30 mln (5 Analysts)
Q4 Net Income		$15.33 mln
Q4 Adjusted EBITDA	Beat	$42 mln	$41.18 mln (7 Analysts)
Q4 Dividend		$0.50

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the marine freight & logistics peer group is "buy"
Wall Street's median 12-month price target for Genco Shipping & Trading Ltd is $23.50, about 5.8% above its February 13 closing price of $22.21

Press Release: ID:nGNX2qCFk3

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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For any other questions or feedback, contact reuters.support@thomsonreuters.com.</p><p>(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Genco Q4 revenue beats estimates</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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logistics peer group is \"buy\"</p></li><li><p>Wall Street's median 12-month price target for Genco Shipping &amp; Trading Ltd is $23.50, about 5.8% above its February 13 closing price of $22.21</p></li></ul><p>Press Release: <span>ID:nGNX2qCFk3</span></p><p>For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.</p><p>(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"GNK","symbol_name":"根科船务贸易","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260217:nL1N3ZD0ZN:1","article_id":"2612498401","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2612498401","pubTimestamp":1771363844,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Genco Q4 revenue beats estimatesOverviewDrybulk shipowner's Q4 revenue beat analyst expectationsAdjusted EBITDA for Q4 beat analyst expectationsCompany declared $0.50 per share dividend, highest since","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"GNK":"根科船务贸易","BK4021":"海运"},"translate_title":"Genco第四季度收入超出预期","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GNK":0.9},"content_text":"Genco Q4 revenue beats estimatesOverviewDrybulk shipowner's Q4 revenue beat analyst expectationsAdjusted EBITDA for Q4 beat analyst expectationsCompany declared $0.50 per share dividend, highest since 2022OutlookGenco expects Q1 2026 TCE to be $17,966 for 80% of fleet daysCompany anticipates higher Q1 2026 dividend year-over-yearResult DriversINCREASED BORROWING CAPACITY - Co upsized borrowing capacity by $80 mln, enhancing financial flexibilityKey DetailsMetricBeat/MissActualConsensus EstimateQ4 RevenueBeat$109.92 mln$101.30 mln (5 Analysts)Q4 Net Income$15.33 mlnQ4 Adjusted EBITDABeat$42 mln$41.18 mln (7 Analysts)Q4 Dividend$0.50Analyst CoverageThe current average analyst rating on the shares is \"buy\" and the breakdown of recommendations is 6 \"strong buy\" or \"buy\", 1 \"hold\" and no \"sell\" or \"strong sell\"The average consensus recommendation for the marine freight & logistics peer group is \"buy\"Wall Street's median 12-month price target for Genco Shipping & Trading Ltd is $23.50, about 5.8% above its February 13 closing price of $22.21Press Release: ID:nGNX2qCFk3For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}