Eagle Bulk Shipping Inc expected to post earnings of $4.67 a share - Earnings Preview

Eagle Bulk Shipping

04/05/2022 03:08

* Eagle Bulk Shipping Inc  EGLE.OQ   EGLE.O  is expected
to show a
rise in quarterly revenue when it reports  results on May 5. 
    * The Stamford Connecticut-based  company is expected to
report  a
46.0% increase in revenue to $140.953 million from $96.57
million a year ago, according to the mean estimate from 8
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Eagle Bulk Shipping
Inc
is for earnings of $4.67 per share. For the same quarter last
year, the company reported earnings of 84 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 0.3%
in the last three months. ​
    * Wall Street's median 12-month price target for Eagle Bulk
Shipping Inc is $77.5​, above​ its last closing price of $66.32.
​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  6.12        6.00       4.28      Missed  -28.6
 Sep. 30 2021  5.32        5.33       4.52      Missed  -15.1
 Jun. 30 2021  2.62        2.53       2.63      Beat    3.8​
 Mar. 31 2021  1.03        1.04       0.84      Missed  -19
 ​​Dec.        -0.34       -0.29      0.01      Beat    103.5
 31 2020                                                
 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
 This summary was machine generated May 4 at 02:07 GMT.  All
figures in US dollars  unless otherwise stated