Safe Bulkers, Inc. Reports Fourth Quarter and Twelve Months 2019 Results

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Safe Bulkers (SB) Misses Q4 EPS by 4c, Revenues Beat

February 26, 2020 4:51 PM EST

Safe Bulkers (NYSE: SB) reported Q4 EPS of $0.01, $0.04 worse than the analyst estimate of $0.05. Revenue for the quarter came in at $53.2 million versus the consensus estimate of $47.98 million.

Dr. Loukas Barmparis, President of the Company, said: We closed 2019 profitably, having retrofitted scrubbers on 15... More