Scorpio Bulkers (SALT) Misses Q3 EPS by 2c

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Go back to Scorpio Bulkers (SALT) Misses Q3 EPS by 2c

Scorpio Bulkers Inc. Announces Financial Results for the Third Quarter of 2017 and Initiates a Quarterly Dividend

October 23, 2017 7:25 AM EDT

MONACO, Oct. 23, 2017 (GLOBE NEWSWIRE) -- Scorpio Bulkers Inc. (NYSE: SALT) (Scorpio Bulkers, or the Company), today reported its results for the three and nine months ended September 30, 2017.  The Companys Board of Directors declared a quarterly cash dividend of $0.02 per share.

Emanuele Lauro, the Companys Chairman and CEO, commented, We are pleased with the steady quarter-on-quarter improvements in the rate environment and the resulting positive cash flow generated from operations.  We believe that current market rates are sustainable and will continue to improve through 2018. As a result, we are excited... More