Eagle Bulk Shipping Inc expected to post earnings of $6.00 a share - Earnings Preview

Eagle Bulk Shipping

01/03/2022 21:59

* Eagle Bulk Shipping Inc  EGLE.OQ   EGLE.O  is expected
to show a
rise in quarterly revenue when it reports  results on March 3. 
    * The Stamford Connecticut-based  company is expected to
report  a
102.3% increase in revenue to $152.125 million from $75.18
million a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Eagle Bulk Shipping
Inc
is for earnings of $6.00 per share. For the same quarter last
year, the company reported earnings of 1 cent 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 $65​, about 18.9% above​ its last closing price
of $52.73. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2020  -0.34       -0.29      0.01      Beat    103.5
 ​​Sep.        -0.72       -0.69      -1.09     Missed  -57.2
 30 2020                                                
 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. 31 2019  -0.53       -0.37      -1.12     Missed  -206.4
 This summary was machine generated March 1 at 21:59 GMT.  All
figures in US dollars  unless otherwise stated