Eagle Bulk Shipping (NYSE:EGLE) reported its Q1 earnings results on Thursday, May 4, 2023 at 04:30 PM.
Here’s what investors need to know about the announcement.
Earnings
Eagle Bulk Shipping beat estimated earnings by 188.89%, reporting an EPS of $0.26 versus an estimate of $0.09.
Revenue was down $79.20 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.71 which was followed by a 15.67% drop in the share price the next day.
Here’s a look at Eagle Bulk Shipping’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 2.99 | 4.69 | 4.90 | 4.67 |
| EPS Actual | 2.28 | 4.58 | 4.98 | 3.97 |
| Revenue Estimate | 125.66M | 151.33M | 151.88M | 140.95M |
| Revenue Actual | 151.44M | 185.31M | 198.69M | 184.40M |
To track all earnings releases for Eagle Bulk Shipping visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
