Safe Bulkers (NYSE:SB) reported quarterly earnings of $0.16 per share which missed the analyst consensus estimate of $0.17 by 5.88 percent. This is a 100 percent increase over earnings of $0.08 per share from the same period last year. The company reported quarterly sales of $75.90 million which beat the analyst consensus estimate of $74.77 million by 1.52 percent. This is a 17.40 percent increase over sales of $64.65 million the same period last year.