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

Eagle Bulk Shipping

04/11/2022 02:55

* Eagle Bulk Shipping Inc  EGLE.OQ  reported quarterly
adjusted
earnings of $4.58​​ per share for the quarter ended in
September. The mean expectation of nine analysts for the quarter
was for earnings of $4.70 per share.
    * Revenue rose 21% to $185.31 million from a year ago;
analysts
expected $151.46 million. 
    * Eagle Bulk Shipping Inc's reported EPS for the quarter was
$4.77​.
    * The mean earnings estimate of analysts had fallen by
about 12.5%
in the last three months.​ 
    * In the last 30 days five analysts negatively revised
earnings
estimates 
    * Eagle Bulk Shipping Inc shares had risen by 13.3% this
quarter and gained 7.5% so far this year.
    * The company reported quarterly net income of $77.22
million.
    * Wall Street's median 12-month price target for Eagle Bulk
Shipping Inc is $70.50 
    * 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 from Refinitiv data November
4 at 02:55 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      4.70           4.58           Missed
 Jun. 30 2022      4.90           4.98           Beat
 Mar. 31 2022      4.67           3.97           Missed
 Dec. 31 2021      6.00           4.28           Missed