The grade is based on the statistical significance of its last two quarterly earnings surprises and the percentage change in its consensus estimate for the current fiscal year over the past month and past three months. The company has an Earnings Estimate Revisions Grade of C, which is considered neutral. It generates revenue through time charter agreements, spot market voyage charters, pool agreements and spot market-related time charters.Įarnings estimate revisions offer an indication of what analysts are thinking about the short-term prospects of a firm. The company’s fleet consisted of 40 dry-bulk vessels, including 17 Capesize dry-bulk carriers, nine Ultramax dry-bulk carriers and 14 Supramax dry-bulk carriers, with an aggregate carrying capacity of approximately 4,368,800 deadweight tons.
The company operates in one segment: the ocean transportation of dry-bulk cargoes worldwide through the ownership and operation of dry-bulk carrier vessels. It is involved in the ocean transportation of dry-bulk cargoes. (GNK) is an international shipping company specializing in the transportation of iron ore, coal, grain, steel products and other core commodities.
American Association of Individual Investors What The A+ Stock Grades Reveal
