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

Eagle Bulk Shipping

06/08/2021 06:57

* Eagle Bulk Shipping Inc  EGLE.OQ  reported quarterly adjusted
earnings of $2.63​​ per share for the quarter ended in June. The
mean expectation of eight analysts for the quarter was
for earnings of $2.53 per share.
* Revenue rose 126.3% to $129.85 million from a year ago; 
analysts expected $111.34 million. 
* Eagle Bulk Shipping Inc's reported EPS for the quarter was 74
cents​.
* The mean earnings estimate of analysts had risen by
about 13.3% in the last three months.​ 
* In the last 30 days four analysts negatively revised earnings
estimates 
* Eagle Bulk Shipping Inc shares had fallen by 8.6% this
quarter and gained 127.6% so far this year.
* The company reported quarterly net income of $9.23 million.
* Wall Street's median 12-month price target for Eagle Bulk
Shipping Inc is $60.00 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 8 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
This summary was machine generated August 6 at 05:57 a.m.  ​All
figures in US dollars unless otherwise stated