Earnings Miss Expectations, Revenue Beats Consensus in Q3 by Investing.com

Investing.com – Genco Shipping Trading reported third-quarter results that missed analysts’ expectations on Wednesday and topped revenue forecasts.

The company had earnings per share of $1.00 on revenue of $135.97M. Analysts polled by Investing.com expected EPS of $1.08 on revenue of $95.58M.

Genco Shipping Trading follows other companies in the industrial sector that have published their results this month.

On Oct. 25, United Parcel Service announced third-quarter EPS of $2.99 ​​on revenue of $24.59B, compared to an expected EPS of $2.86 on revenue of $24.4B.

Honeywell’s results beat consensus expectations on Oct. 27, with third-quarter EPS of $2.25 on revenue of $8.95 billion. Analysts polled by Investing.com expected EPS of $2.16 on revenue of $8.99B

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