Eagle Bulk Shipping Inc reports results for the quarter ended in December - Earnings Summary

Eagle Bulk Shipping

03/03/2022 23:41

* Eagle Bulk Shipping Inc  EGLE.OQ  reported quarterly
adjusted
earnings of $4.28​​ per share for the quarter ended in December.
The mean expectation of nine analysts for the quarter was
for earnings of $6.00 per share.
    * Revenue rose 114.8% to $161.49 million from a year ago; 
analysts expected $152.12 million. 
    * Eagle Bulk Shipping Inc's reported EPS for the quarter was
$5.40​.
    * The mean earnings estimate of analysts had fallen by
about 3% in
the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * Eagle Bulk Shipping Inc shares had risen by 22.7% this
quarter.
    * The company reported quarterly net income of $87.48
million.
    * Wall Street's median 12-month price target for Eagle Bulk
Shipping Inc is $65.00 
    * 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." 

This summary was machine generated March 3 at 11:41 p.m.  ​All
figures in US dollars unless otherwise stated