Safe Bulkers (NYSE:SB) reported its Q3 earnings results on Tuesday, November 7, 2023 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
Safe Bulkers missed estimated earnings by 20.0%, reporting an EPS of $0.08 versus an estimate of $0.1.
Revenue was down $29.06 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.0 which was followed by a 3.02% drop in the share price the next day.
Here’s a look at Safe Bulkers’s past performance:
| Quarter | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.12 | 0.16 | 0.25 | 0.30 |
| EPS Actual | 0.12 | 0.10 | 0.29 | 0.39 |
| Revenue Estimate | 62.17M | 62.15M | 77.15M | 84.33M |
| Revenue Actual | 70.62M | 66.84M | 86.66M | 93.71M |
To track all earnings releases for Safe Bulkers visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
