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Eagle Bulk Shipping reports Q4 adjusted EPS $2.76, consensus $2.99
The Fly

Eagle Bulk Shipping reports Q4 adjusted EPS $2.76, consensus $2.99

Reports Q4 revenue $151.4M, consensus $125.66M. Eagle’s CEO Gary Vogel commented, "Despite a weaker rate environment, our Q4 results cemented a record annual profit of roughly $250 million for 2022. These results are reflective of the many actions we have taken over the past years, including our comprehensive vessel sale and purchase strategy encompassing 55 transactions, our segment-leading focus on scrubbers, our differentiated active management approach to trading ships, and our efforts to optimize the balance sheet."

Published first on TheFly

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