Investing.com – Genco Shipping Trading announced third-quarter earnings that missed analysts’ expectations on Wednesday and topped-forecast revenue.
The company posted earnings per share of $1.00 on revenue of $135.97M. Analysts polled by Investing.com were expecting EPS of $1.08 on revenue of $95.58M.
Genco Shipping Trading follows other companies in the Industrials sector which have published their results this month.
On October 25, United Parcel Service announced third quarter EPS of $2.99 on revenue of $24.59B, compared to a forecast EPS of $2.86 on revenue of $24.4B.
Honeywell’s results beat consensus expectations on October 27, with third-quarter EPS of $2.25 on revenue of $8.95B. Analysts polled by Investing.com expected EPS of $2.16 on revenue of $8.99B