Safe Bulkers Q2 2024 Adj. EPS $0.17 Misses $0.19 Estimate, Sales $78.548M Beat $71.387M Estimate
Portfolio Pulse from Benzinga Newsdesk
Safe Bulkers (NYSE:SB) reported Q2 2024 earnings of $0.17 per share, missing the analyst estimate of $0.19. However, sales were $78.548 million, beating the estimate of $71.387 million.
July 29, 2024 | 8:13 pm
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Safe Bulkers reported Q2 2024 earnings of $0.17 per share, missing the analyst estimate of $0.19. However, sales were $78.548 million, beating the estimate of $71.387 million.
The mixed results, with earnings missing but sales beating estimates, are likely to have a neutral short-term impact on the stock price. Investors may weigh the earnings miss against the positive sales performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100