Benzinga | Aug 4, 2020 04:38PM EDT

Safe Bulkers Q2 EPS $(0.16) Misses $(0.10) Estimate, Sales $48.30M Beat $35.12M Estimate

Safe Bulkers (NYSE:SB) reported quarterly losses of $(0.16) per share which missed the analyst consensus estimate of $(0.10) by 60 percent. This is a 1500 percent decrease over losses of $(0.01) per share from the same period last year. The company reported quarterly sales of $48.30 million which beat the analyst consensus estimate of $35.12 million by 37.53 percent. This is a 6.12 percent increase over sales of $45.52 million the same period last year.