Safe Bulkers (NYSE:SB) reported its Q1 earnings results on Wednesday, May 25, 2022 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
Safe Bulkers missed estimated earnings by 14.29%, reporting an EPS of $0.24 versus an estimate of $0.28.
Revenue was up $15.23 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.0 which was followed by a 3.42% drop in the share price the next day.
Here's a look at Safe Bulkers's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.39 | 0.39 | 0.20 | 0.10 |
| EPS Actual | 0.39 | 0.40 | 0.31 | 0.14 |
| Revenue Estimate | 91.56M | 87.01M | 67.96M | 57.90M |
| Revenue Actual | 92.44M | 92.49M | 81.58M | 62.52M |
To track all earnings releases for Safe Bulkers visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
