Eagle Bulk Shipping Inc expected to post earnings of $4.70 a share - Earnings Preview

Eagle Bulk Shipping

02/11/2022 02:10

* Eagle Bulk Shipping Inc  EGLE.OQ   EGLE.O  is expected
to show a
fall in quarterly revenue when it reports  results on November
3. 
    * The New York City-based  company is expected to report  a
1.1% decrease in revenue to $151.46 million from $153.12 million
a year ago, according to the mean estimate from 9 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Eagle Bulk Shipping
Inc
is for earnings of $4.70 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 was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Eagle Bulk
Shipping Inc is $70.5​, above​ its last closing price of $49.47.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2022  4.88        4.90       4.98      Beat    1.6
 Mar. 31 2022  4.67        4.67       3.97      Missed  -15
 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.        2.62        2.53       2.63      Beat    3.8
 30 2021                                                
 Mar. 31 2021  1.03        1.04       0.84      Missed  -19​
 Dec. 31 2020  -0.34       -0.29      0.01      Beat    103.5
 Sep. 30 2020  -0.72       -0.69      -1.09     Missed  -57.2
 This summary was machine generated November 2 at 02:10 GMT.  All
figures in US dollars  unless otherwise stated