Safe Bulkers (NYSE:SB) will release its quarterly earnings report on Wednesday, 2024-11-13. Here's a brief overview for investors ahead of the announcement.
Analysts anticipate Safe Bulkers to report an earnings per share (EPS) of $0.20.
Investors in Safe Bulkers are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.
It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.
Earnings History Snapshot
During the last quarter, the company reported an EPS missed by $0.02, leading to a 5.87% drop in the share price on the subsequent day.
Here's a look at Safe Bulkers's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | 0.19 | 0.21 | 0.17 | 0.10 |
| EPS Actual | 0.17 | 0.20 | 0.25 | 0.08 |
| Price Change % | -6.0% | -3.0% | 1.0% | 1.0% |
Market Performance of Safe Bulkers's Stock
Shares of Safe Bulkers were trading at $4.35 as of November 08. Over the last 52-week period, shares are up 25.0%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.
To track all earnings releases for Safe Bulkers visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
