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

Eagle Bulk Shipping

06/05/2022 04:51

* Eagle Bulk Shipping Inc  EGLE.OQ  reported quarterly
adjusted
earnings of $3.97​​ per share for the quarter ended in March.
The mean expectation of nine analysts for the quarter was
for earnings of $4.67 per share.
    * Revenue rose 90.9% to $184.40 million from a year ago; 
analysts
expected $140.95 million. 
    * Eagle Bulk Shipping Inc's reported EPS for the quarter was
$3.27​.
    * The mean earnings estimate of analysts had risen by
about 51.4%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * Eagle Bulk Shipping Inc shares had risen by 0.0% this
quarter and gained 49.7% so far this year.
    * The company reported quarterly net income of $53.07
million.
    * Wall Street's median 12-month price target for Eagle Bulk
Shipping Inc is $77.50 
    * 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 May 6 at 03:51 a.m.  ​All
figures in US dollars unless otherwise stated