Eagle Bulk Shipping Inc expected to post earnings of $1.04 a share - Earnings Preview

Eagle Bulk Shipping

05/05/2021 01:43

* Eagle Bulk Shipping Inc  EGLE.OQ   EGLE.O  is expected to show
a rise in quarterly revenue when it reports results on May 6.
* The Stamford, Connecticut-based company is expected to report 
 a 67.5% increase in revenue to $80.096 million from $47.81
million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data.
​* Refinitiv's mean analyst estimate for Eagle Bulk Shipping Inc
is for earnings of $1.04 per share. For the same quarter last
year, the company reported a loss of 35 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 7 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts had fallen by
about 4.3% in the last three months. ​
* Wall Street's median 12-month price target for Eagle Bulk
Shipping Inc is $42​, about 6% below​ its last closing price
of $44.51. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Dec. 31 2020  -0.34       -0.29      0.01      Beat    103.5
 Sep. 30 2020  -0.72       -0.69      -1.09     Missed  -57.2
 Jun. 30 2020  -1.66       -1.71      -1.96     Missed  -14.7​
 Mar. 31 2020  -0.86       -0.78      -0.35     Beat    55.2
 Dec.          -0.53​      -0.37      -1.12     Missed  -206.4
 31​ 2019​                                              ​
 Sep. 30 2019  -0.10       -0.15      -0.42     Missed  -179.1
                                                        ​
 Jun. 30 2019  -0.54       -0.56      -0.56     Met     0
 Mar. 31 2019  -0.83       -0.88      0.21      Beat    123.9
 This summary was machine generated May 5 at 00:43 GMT.  All
figures in US dollars unless otherwise stated