Preview: Eagle Bulk Shipping's Earnings
Portfolio Pulse from Benzinga Insights
Eagle Bulk Shipping (NASDAQ:EGLE) is set to release its latest quarterly earnings report on August 3, 2023. Analysts estimate an EPS of $0.66. The company's past performance shows a trend of beating EPS estimates, which often leads to a share price increase. However, the company's shares have been down 8.81% over the last 52-week period.
August 04, 2023 | 12:04 pm
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Eagle Bulk Shipping is expected to report an EPS of $0.66. The company's history of beating EPS estimates could lead to a short-term increase in share price, despite a 52-week downtrend.
Eagle Bulk Shipping has a history of beating EPS estimates, which often leads to a short-term increase in share price. However, the company's shares have been down 8.81% over the last 52-week period, indicating a longer-term downtrend. The upcoming earnings report could potentially reverse this trend, but it's uncertain.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100