Published on 3 May 2024 on Simply Wall St. via Yahoo Finance
Safe Bulkers, Inc. (NYSE:SB) just released its first-quarter report and things are looking bullish. It was a decent earnings report, with revenues and statutory earnings per share (EPS) both performing well. Revenues were 10% higher than the analysts had forecast, at US$85m, while EPS of US$0.21 beat analyst models by 11%. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. So we gathered the latest post-earnings forecasts to see what estimates suggest is in store for next year.
View our latest analysis for Safe Bulkers
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