Eagle Bulk Shipping (EGLE) Misses Q4 EPS by 25c, Revenues Beat
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Eagle Bulk Shipping Inc. Reports Fourth Quarter 2022 Results
March 2, 2023 4:45 PM ESTSTAMFORD, Conn., March 02, 2023 (GLOBE NEWSWIRE) -- Eagle Bulk Shipping Inc. (NYSE: EGLE) (Eagle or the Company), one of the worlds largest owner-operators within the midsize drybulk vessel segment, today reported financial results for the three months and year ended December 31, 2022.
Quarter Highlights:
Generated Revenues, net of $151.4 million Achieved TCE(1) of $22,062/day based on TCE Revenues(1) of $102.5 million Realized net income of $23.3 million, or $1.79 per basic share Adjusted net income(1) of $35.9 million, or $2.76 per basic... More