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

Eagle Bulk Shipping

07/05/2021 02:45

* Eagle Bulk Shipping Inc  EGLE.OQ  reported quarterly adjusted
earnings of 84 cents​​ per share for the quarter ended in March.
The mean expectation of eight analysts for the quarter was
for earnings of $1.04 per share.
* Revenue rose 102% to $96.57 million from a year ago​; 
analysts expected $80.10 million.
* Eagle Bulk Shipping Inc's reported EPS for the quarter was 84
cents​.
* The mean earnings estimate of analysts had risen by
about 420.2% in the last three months.​ 
* In the last 30 days three analysts negatively revised earnings
estimates 
* Eagle Bulk Shipping Inc shares had risen by 26.1% this
quarter and gained 139.7% so far this year.
* The company reported quarterly net income of $9.85 million.
* Wall Street's median 12-month price target for Eagle Bulk
Shipping Inc is $42.00 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 7 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
This summary was machine generated May 7 at 01:45 a.m. GMT. ​All
figures in US Dollars.​