Companies Reporting Before The Bell
• R.R.Donnelley & Sons (NYSE:RRD) is likely to report quarterly earnings at $0.32 per share on revenue of $1.19 billion.
Container shipping is in uncharted territory. There has never been a crazy boom like this in its history. But as any shipping long-timer will tell you, there has indeed been a crazy boom like this in another sector: dry bulk circa 2007-2008.
After pulling data from Benzinga Pro it seems like during Q2, Genco Shipping & Trading (NYSE:GNK) earned $36.26 million, a 415.92% increase from the preceding quarter.
On August 4, 2021, Genco Shipping & Trading (NYSE:GNK) declared a dividend payable on August 25, 2021 to its shareholders. Genco Shipping & Trading also announced that shareholders on the company's books on or before August 17, 2021 are entitled to the dividend.
<Genco Shipping & Trading (NYSE:GNK) shares experienced unusual options activity on Friday. The stock price moved down to $16.8 following the option alert.
Genco Shipping & Trading (NYSE:GNK) reported quarterly earnings of $0.75 per share which beat the analyst consensus estimate of $0.72 by 4.17 percent. This is a 274.42 percent increase over losses of $(0.43) per share