Recap: Safe Bulkers Q3 Earnings

Safe Bulkers SB reported its Q3 earnings results on Tuesday, November 7, 2023 at 04:05 PM.

Here's what investors need to know about the announcement.

Safe Bulkers missed estimated earnings by 20.0%, reporting an EPS of $0.08 versus an estimate of $0.1.

Revenue was down $29.06 million from the same period last year.

Last quarter the company missed on EPS by $0.0 which was followed by a 3.02% drop in the share price the next day.

Here's a look at Safe Bulkers's past performance:

Quarter	Q2 2023	Q1 2023	Q4 2022	Q3 2022
EPS Estimate	0.12	0.16	0.25	0.30
EPS Actual	0.12	0.10	0.29	0.39
Revenue Estimate	62.17M	62.15M	77.15M	84.33M
Revenue Actual	70.62M	66.84M	86.66M	93.71M

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.

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