Safe Bulkers, Inc. Reports First Quarter 2016 Results

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Safe Bulkers (SB) Misses Q1 EPS by 4c

June 2, 2016 4:46 PM EDT

Safe Bulkers (NYSE: SB) reported Q1 EPS of ($0.21), $0.04 worse than the analyst estimate of ($0.17). Revenue for the quarter came in at $24.7 million versus the consensus estimate of $25.63 million.

As of May 27, 2016, the Company's operational fleet, following two newbuild deliveries and two vessel sales,... More