Eagle Bulk Shipping Inc. (NASDAQ:EGLE) is reporting third quarter earnings results on Thursday 5th November 2020, after market close.
The consensus estimates from Thomson Reuters are loss of $ 0.69 per share from $ 52.69 million in revenue.
For the full year, analysts predict revenues of $ 215.16 million, while looking forward to loss of $ 2.61 per share.
Previous Quarter Performance
Eagle Bulk Shipping Inc. announced loss for the second quarter of $ 0.28 per share, from the revenue of $ 57.39 million. Wall street analysts are predicting, EGLE to report 2Q20 loss of $ 0.25 per share from revenue of $ 38.25 million. The bottom line results missed street analysts by $ 0.03 or 12 percent, at the same time, top line results outshined analysts by $ 19.14 million or 50.04 percent.
Stock Performance
Shares of Eagle Bulk Shipping Inc. traded low $ -0.08 or -0.53 percent on Wednesday, reaching $ 15.01 with volume of 40.80 thousand shares. Eagle Bulk Shipping Inc. has traded high as $ 15.27 and has cracked $ 13.74 on the downward trend
The closing price of $ 15.01, representing a 69.74 % increase from the 52 week low of $ 8.89 and a 55.83 % decrease over the 52 week high of $ 34.16.
The company has a market capital of $ 165.22 million and is part of the Services sector and Shipping industry.
