Benzinga | Oct 27, 2020 07:49AM EDT

Scorpio Bulkers Q3 Adj. EPS $(1.45) Misses $(1.05) Estimate, Sales $46.70M Miss $46.85M Estimate

Scorpio Bulkers (NYSE:SALT) reported quarterly losses of $(1.45) per share which missed the analyst consensus estimate of $(1.05) by 38.1 percent. This is a 4733.33 percent decrease over losses of $(0.03) per share from the same period last year. The company reported quarterly sales of $46.70 million which missed the analyst consensus estimate of $46.85 million by 0.32 percent. This is a 26.14 percent decrease over sales of $63.23 million the same period last year.