Eagle Bulk Shipping Inc expected to post earnings of 66  cents a share - Earnings Preview

Eagle Bulk Shipping

02/08/2023 03:09

* Eagle Bulk Shipping Inc  EGLE.N   EGLE.K  is expected
to show a
fall in quarterly revenue when it reports  results on August 3. 
    * The Stamford Connecticut-based  company is expected to
report  a
42.6% decrease in revenue to $93.194 million from $162.41
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 66 cents per share. 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 10 "strong buy" or
"buy," no "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 $60​, above​ its last closing price of $45.65.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.05        0.06       0.26      Beat    310.8
 Dec. 31 2023  2.89        2.99       2.28      Missed  -23.7
 Sep. 30 2022  4.35        4.70       4.58      Missed  -2.5​
 Jun. 30 2022  4.88        4.90       4.98      Beat    1.6
 ​​Mar.        4.67        4.67       3.97      Missed  -15
 31 2022                                                
 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
 This summary was machine generated August 2 at 02:08 GMT.  All
figures in US dollars  unless otherwise stated