Eagle Bulk Shipping (EGLE) Tops Q3 EPS by 53c

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Go back to Eagle Bulk Shipping (EGLE) Tops Q3 EPS by 53c

Eagle Bulk Shipping Inc. Reports Results for the Third Quarter of 2023

November 2, 2023 4:30 PM EDT

STAMFORD, Conn., Nov. 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 quarter ended September 30, 2023.

Quarter Highlights:

Generated Revenues, net of $82.6 million Achieved TCE(1) of $11,482 based on TCE Revenue(1) of $54.1 million Incurred a net loss of $5.2 million, or $0.55 per basic share... More