Safe Bulkers: Q2 Earnings Insights - Safe Bulkers (NYSE:SB)

Safe Bulkers SB reported its Q2 earnings results on Wednesday, July 27, 2022 at 04:05 PM.

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

Safe Bulkers beat estimated earnings by 29.03%, reporting an EPS of $0.4 versus an estimate of $0.31.

Revenue was up $10.02 million from the same period last year.

Last quarter the company missed on EPS by $0.04 which was followed by a 3.39% drop in the share price the next day.

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

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	0.28	0.39	0.39	0.20
EPS Actual	0.24	0.39	0.40	0.31
Revenue Estimate	73.65M	91.56M	87.01M	67.96M
Revenue Actual	77.75M	92.44M	92.49M	81.58M

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.